On 28 September of 2016, tornadoes raging through South Australia did enough damage to the electricity transmission grid there to plunge the entire state into darkness, with only offshore Kangaroo Island being spared . When it was over, estimates claimed the blackout cost businesses $360 million dollars. The blackout lasted from four hours to two days.
Blame placing following the blackout focused on South Australia’s reliance on renewable energy sources, pointing to the obvious that solar and wind lose their potency when the sun doesn’t shine and the wind doesn’t blow.
Another less severe blackout in December of 2016 led to a new round of blame placing.
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.