Vanadium flow batteries, as they’re called, have a service life expectancy of between 25,000 and 30,000 charge cycles before there is a noticeable degradation of charge speed and retention efficiency.
That’s a quarter century or more of peak-level performance, and even at the end of the lifecycle, Vanadium batteries present a near zero risk of fire.
Now step back and think about it… What is the one application where size and mass makes no difference, but longevity does?
It can’t be anything related to consumer tech or consumer transportation. So what is it?
The answer: Commercial and industrial grade distributed energy storage.
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.
