Last nights battery talks summarised nicely, nice to see how they mentioned they aren't ignoring the steel market either. Particularly liked the bolded section;
"Yellow Rock has initiated a series of high level studies and is actively engaging with key players in the Vanadium Redox Battery market. Research by the Company indicates that rapid acceleration in the development of renewable energy projects on a global scale is being accompanied by rapidly growing interest in the emergence of grid storage technologies. One of the strongly emerging technologies is the Vanadium Redox Flow Battery or VRB. The uptake of VRB technology along with other grid storage technologies could have a significant effect on the Vanadium (V2O5) market as the use of V2O5 electrolyte is a large component (50% of current cost) of the battery units. "
Strategic meetings in Sydney (inventor) may be highly related.
AVL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)