KRR 11.1% 1.0¢ king river resources limited

Ann: 27.2 million tonne JORC Fluorite Resource, page-78

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    Quote from small caps-
    Very few industrial metals are thought of as being beautiful but vanadium is one that is.
    Experts believe vanadium flow batteries, also known as vanadium redox batteries, show even more promise in stabilising power grids in an era of waning coal generation and rising renewable energy.
    While vanadium might not have a high profile entrepreneur such as Elon Musk advancing the technology like lithium batteries do, the unique properties of vanadium flow batteries are seen as being so superior that they will emerge as a strong alternative anyway.
    Vanadium project at Speewah in the Kimberley area of Western Australia is claimed to be Australia’s largest vanadium in magnetite deposit.
    Measured, inferred and indicated mineral resources reveal 4,712 million tonnes at 0.3 per cent V2O5 and 14.5 per cent iron.
    Advanced metallurgical test work has successfully produced high purity titanium dioxide and vanadium pentoxide products, the latter of which is capable of being used in vanadium flow batteries.
    The company envisages using an open pit mine on the central deposit and separation, leaching and precipitation processing to produce a vanadium product suitable for vanadium flow batteries.
    Which battery is better?

    While it is always difficult to sift through the competing claims for battery or any other technology, particularly before it has been effectively commercialised at scale, there are some clear reasons why vanadium flow batteries will eventually dominate in large industrial uses such as stabilising power grids.
    As vanadium flow batteries use a liquid electrolyte rather than the more familiar solid “cell’’ construction, they are very easy to “scale’’ up or down – you simply change the size of the plastic tank used to house the electrolyte.end of quote
    I think we are just beginning Hang in there
 
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