Vanadium the next cab off the battery storage rank

THE resource sector investor herd is switching some attention to another mined element set to potentially play a key role in the burgeoning world of renewable energy and battery storage … vanadium.

Vanadium the next cab off the battery storage rank Vanadium the next cab off the battery storage rank Vanadium the next cab off the battery storage rank Vanadium the next cab off the battery storage rank Vanadium the next cab off the battery storage rank

Used principally to date by the steel industry – where there is already a structural supply deficit! – its use in vanadium redox flow batteries (VRB) is potentially the big kicker, with the scalable VRBs said to provide an efficient storage and re-supply solution for renewable energy in large scale applications.

Resource sector heavyweight Robert Friedland is a believer with a company he chairs, Pu Neng, winning a contract last October to build the largest VRB in China for a renewable energy demonstration project.

With the vanadium price on the rise, the ASX’s key vanadium play, Australian Vanadium, has also been on the rise. 

Especially of late.

At an intra-day high of 5...