Vanadium Price:, page-18

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Process1

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24/10/18

02:19

Post #: 36233467
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Originally posted by Process1 ↑

Energy Storage:

"One of the biggest opportunities in energy has nothing to do with oil, gas, wind or solar.
It’s all about storage.

That’s right. Batteries, thousands of them, are the key to unlocking the next stage of the energy revolution. There’s just one problem: existing battery tech, based on lithium ion, is pretty lousy.

But one company is working into a position to change all that. United Battery Metals is sitting on a huge potential supply of vanadium, “Element 23” that might serve as the backbone for the next generation of super batteries.

It works like this: existing batteries use antiquated dry-cell technology, often using lithium components. But lithium batteries can’t be scaled up, have short life spans and tend to generate engineering problems.
That’s why battery manufacturers and energy suppliers are turning to vanadium redox flow batteries (VRFB) that use liquids to generate charge rather than dry-cell.

Vanadium batteries can be built to almost any size: they can be as big as a storage container, and right now China is building the world’s largest battery utilizing VFRB tech".

Vanadium flow batteries could transform the energy infrastructure: it’s what billionaire Robert Friedland has called “the next revolution in energy.”
McKinsey & Co. predict that the energy storage market will grow 100x by 2025, reaching $90 billion.

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"V2O5 consumption increasing not because of vanadium flow battery usage increasing YET Using it in steel is main driver of current demand increase. New Chinese Rebar standards will increase usage from 48gr to European/USA levels of ~85gr in a tonne of steel"

TMT Price at posting: 51.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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Vanadium Price:, page-18

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Havilah hints at resource expansion from Muturoo drilling in SA