Vanadium news, page-26

Thanks Diesel, although most of what is discussed relates to Li-Ion batteries.

Here is one reference to VFRB....

By 2028, Benchmark Minerals Intelligence predicts 50 per cent of the burgeoning stationary storage market will be lithium-ion, and 25 per cent vanadium flow batteries, also known as vanadium redox flow batteries (or VRFBs).
At present, most stationary storage is lithium-ion, with VRFB uptake – a better alternative for grid style storage in many respects – hindered by a sky-high vanadium price.
Yet analysts and industry insiders are constantly revising their stationary storage projections upwards as the industry accelerates.

The development of leasing of V is an important aid for VFRB (as discussed previously on this forum). China are building VFRB batteries at a frenetic pace and they will pay up for the vanadium; they have to. So, whatever happens, even at the edge, battery storage will be a very positive backdrop for TMT and other V producers into the distant future.