The 18-page report covers various aspects of the Vanadium industry including Supply, Demand, Pricing, Uses for Vanadium.
4 main reasons to look at investing opportunities in Vanadium now:
- Shift to Renewable Energy Could Trigger a Surge in Demand
- The use of vanadium in renewable energy storage solutions, such as Vanadium Redox Flow Batteries (VRFB), is an efficient and cost-effective alternative to existing lithium-ion (Li-ion)-based batteries.
- A redox flow battery (RFB) is an electrochemical energy storage device that converts chemical energy into electrical energy.
- An RFB differs from other conventional rechargeable batteries in that the energy storage occurs in a liquid media and the charging and discharging processes can occur within a single cell.
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.
