Vanadium Redox Flow Battery gets closer to maritime use

Vanadium is a transition metal that plays a vital role in a range of industrial and technological applications. From strengthening steel to powering batteries, this versatile element has become increasingly important in modern society. But where does vanadium

Vanadium redox flow batteries (VRFBs) provide long-duration energy storage. VRFBs are stationary batteries which are being installed around the world to store many hours of generated renewable energy. VRFBs have an elegant and chemically simple design, with a

Vanadium is a metallic element with the atomic number 23 and the symbol V. On the periodic table of elements, it is found in Group 5, and in Period 4 between titanium and chromium. It is referred to as a “transition

According to a new market report published by Future Market Insights, the global Ferrovanadium market is estimated to a reach value of US$ 3,547.6 Mn by 2022 end and is expected to expand at a CAGR of 5.0% from 2022 to 2028

With the increasing amount of renewable energies in an electrical grid, the need for compensation requirements increases in order to avoid shortfalls in coverage. Amongst the possible technologies available are electrochemical energy storage systems such as batteries, redox

Recent events in cooperation between Kazakhstan and the United Kingdom have opened new horizons for both countries to maximize the benefits in trade and investment. The test of time and geopolitical developments have proved the stability of this

Vision Blue Resources (VBR) has secured more than $650m in financing as the company explores the metals required for the energy transition. The company said the funds, which exceed its $500m fundraising target, have been supported by specialist mining, private

The UK-based companies are expanding their mining and metallurgical operations in Kazakhstan, as the country’s strong potential in critical minerals exploration and development aligns with the United Kingdom’s industrial strategy. This was noted at the webinar organized by

In the coming decades, renewable energy sources such as solar and wind will increasingly dominate the conventional power grid. Because those sources only generate electricity when it’s sunny or windy, ensuring a reliable grid — one that can deliver

4 main reasons to look at investing opportunities in Vanadium now: 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.

Fact.MR, a market research and competitive intelligence provider, reveals in its recently published research report that the global vanadium market is estimated to advance at a CAGR of 8.5% and reach US$ 105.4 billion by the end of 2033. Growing

The global vanadium ore market will grow from $2.78 billion in 2022 to $2.97 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the

Vanadium is an ultratrace element present in higher plants, animals, algae, and bacteria. In recent years, vanadium complexes have been studied to be considered as a representative of a new class of nonplatinum metal anticancer drugs. Nevertheless, the

The microalloying elements V, Nb and Ti are commonly used to improve the properties of HSLA steels. Of these three microalloying elements, the carbides and nitrides of V have the highest solubility, and this influences the steel types in which

The vanadium market is largely driven by steel consumption, with up to 92% sold as ferrovanadium (a mixture of iron and vanadium). This market is projected to grow by an average 1.4% a year between 2021 and 2050.