It's at least a way to cut down the costs for companies looking to install flow batteries in Australia, no need to import electrolyte.
The industry needs all the help it can get as lithium is still top place even for large scale storage.
We could say it's a tiny step in the grand scheme but a necessary step if vrfb's can start being taken seriously and not just talked about as a perfect fit that ticks all the boxes, but get overlooked for cheaper 'fancier' lithium.
I say fancier due to the ties to Elon Musk and Tesla.... If he even once tweeted out a single word tweet that read,,, "Vanadium", we'd be at 6c by the end of that week.. probably higher.
Such is how unknown and unloved V is,, and what could be possible if we ever get any sort of hype as an energy storage solution that can be comparable to lithium.
AVL Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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