Vanadium could have its ‘Elon Musk’ moment as it powers 25pc of ‘stationary’ batteries

Vanadium could have its “Elon Musk moment” as it advances towards powering 25 per cent of stationary battery storage by 2028.

That is the view of Benchmark Minerals Intelligence boss Simon Moores, who spoke at the battery metals research firm’s conference in Perth on Monday.

Stationary storage systems are big batteries often designed to store excess power from the power grid, including from renewable sources for use during expensive peak demand periods.

 

Bushveld Minerals (LON:BMN) is a low cost, integrated, primary vanadium producer, with ownership of high grade vanadium assets.

The Company’s flagship vanadium platform includes a 75 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project.

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