last year was about 20,000t V2O5 globally into VFBs according to Vanitec
Theres 20GWh worth of VFBs currently in construction in China which is approx 200,000t V2O5 or two years of all annual vanadium supply. Add steel aerospace etc on top of that and the market is about to change very quickly. From less than 5% VFB a few years ago to potentially over 50% depending on total V market size.
Battery movement is happening
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last year was about 20,000t V2O5 globally into VFBs according to...
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