The global energy landscape is undergoing a significant transformation, driven by the increasing demand for renewable energy sources and the need for more efficient and sustainable energy storage solutions. One technology that has been gaining considerable attention in this regard is the Vanadium Redox Flow Battery (VRFB).
Vanadium Redox Flow Batteries are a type of rechargeable battery that utilizes vanadium ions in different oxidation states to store energy. Unlike conventional batteries, VRFBs store energy in liquid form, allowing for scalable energy capacity. This unique feature makes them particularly suitable for large-scale energy storage applications, such as grid storage and backup power supply.
Ferro-Alloy Resources Ltd (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.
