Technology first discovered at the University of New South Wales in the 1980s will be “coming home” on an industrial scale, with Australia’s Renewable Energy Agency backing construction of the country’s first utility-scale vanadium flow battery in outback South Australia.
The federal agency has granted the project nearly $6 million, saying the technology could “play a major role” in addressing Australia’s need for increased “heavy-duty” energy storage as renewable energy generation increases.
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.
