While Li-ion batteries have totally conquered the electric-vehicle industry, and currently dominating the energy storage sector as well, the redox flow batteries are silently (but not too much) taking their share of the stationary energy storage market.
Initially studied by NASA, and further developed in the 1980’s by the research group led by Maria Skyllas-Kazacos at New South Wales in Australia, the Vanadium redox flow battery (VRFB) are today the most studied, and manufactured technology within the redox flow battery technology. Besides different type of RFBs, the vanadium technology (and similarly the All-Iron RFB) employs the same electroactive specie (vanadium) in both electrolytes, with different oxidation states.
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.
