This little 12 capper is sitting on a sleeping giant here - in the ann mention was made to downstream processing and even to battery production.
Matthew Hogan said -
" ...The Company is advancing discussions in relation to new process technologies for our
concentrate which involve potentially fully integrated battery development opportunities”.
I hope peeps here have done a bit of study on grid level electricity storage.
1. Check out Li ion batteries like the one Elton Musk installed for S. Australia - their cost, efficency and life in number of full charge recharge cycles For a quick read see http://batteryuniversity.com/learn/article/bu_413a_storing_renewable_energy_in_a_battery
2. Also Pumped Storage schemes like the one proposed for Snowy Mountains - Massive capital cost and considerable opex, but very long life. Hillgrove Resources also worked up a project using their exhausted pit, but I have a hunch capex will kill that one.
Only Governments can do crazy things like PS. [I feel entitled to say that because the Engineers I worked for in UK were consultants for a PS in Wales and also did the Civil design work for the Aswan High Dam hydro scheme (not the dam itself) and for the removal and relocation of the Temples. Crazy - I mean absolutely fruit cake crazy!!]
3. Then there are REDOX Flow Batteries - Vanadium the most likely electrolyte. They have huge advantages - yes they will still be costly needing expensive V in acid solution, but they have capacity only limited by the investment in electrolyte and life only limited by maintenance caused by wear and tear and possibly degradation of catalysts. [the acidic electrolyte may be a limiting safety factor for road use, other than large vehicles like buses, but for a high speed train a VRFB may be the ant's pants and much cheaper than installed electrical conductors - just a hunch]
For our board to say - we have the V and we have the spirit to take this right through is just amazing.
- Forums
- ASX - By Stock
- VMC
- Ann: Youanmi Project Delivers High Grade Vanadium Concentrates
Ann: Youanmi Project Delivers High Grade Vanadium Concentrates, page-5
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.41M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 174367 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 31436 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 174367 | 0.076 |
2 | 31497 | 0.075 |
1 | 200000 | 0.074 |
1 | 20000 | 0.071 |
4 | 161154 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 31436 | 2 |
0.081 | 10625 | 1 |
0.082 | 10278 | 1 |
0.085 | 17647 | 1 |
0.091 | 18581 | 1 |
Last trade - 13.01pm 19/06/2024 (20 minute delay) ? |
Featured News
VMC (ASX) Chart |
Day chart unavailable
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online