The vanadium investment buzz of late 2018, when V2O5 prices peaked above $US35/lb, was sparked by the nascent battery storage thematic.
The rate of stationary storage was about to grow exponentially and 25 per cent would be comprised by vanadium batteries — also known as vanadium redox flow batteries (or VRFBs).
VRFBs are a perfect fit for large scale stationary storage.
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.