TNG and V-Flow Tech have proposed a joint venture (JV) to produce vanadium redox flow battery (VRFB) systems for regional Australia.
VRFB systems are ideal for large power storage applications where ebbs and flows in power demand are common.
VFRBs are highly scalable in their applications and can have lifespans of more than 20 years despite their low maintenance needs.
Ferro-Alloy Resources Limited (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.