Neometals’ Vanadium Recovery Project (VRP1) in Pori, Finland, has secured a conditional grant of €48.7m ($56.56m) from Business Finland. The grant, which will support the development of the project, is contingent upon the company securing the remaining equity and debt financing needed for VRP1. Neometals holds an 86.1% interest in Recycling Industries Scandinavia (RISAB), which is the sole owner of Novana, the entity responsible for developing VRP1. Previously, the company announced that the VRP1 feasib ...