VR8 2.00% 4.9¢ vanadium resources limited

Iron Batteries

  1. 422 Posts.
    lightbulb Created with Sketch. 28
    Not to rain on the VR8 parade, but has anyone else come across the Iron Battery innovation and use case?

    https://www.forbes.com/sites/jeffmcmahon/2022/10/04/a-cheaper-chemistry-is-storming-the-battery-market/?sh=6aa32a0f3ab9
    https://www.cnbc.com/2021/08/25/form-energy-raises-240-million-on-iron-air-battery-promise.html

    They have received funding from Bill Gates and Jeff Bezos. $240M in series D funding.

    I think VR8 is still a viable business, even without the increased demand of vanadium for batteries, but it down appear to put a potential downer on the upside potential of increased vanadium demand.

    Iron is a much cheaper alternative.

    Has anyone else come across this?

    Does anyone else have a different opinion?
    Last edited by samkeil: 20/06/23
 
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