Ann: Becoming a substantial holder, page-11

Amazing how quickly these new advanced technology batteries are now being rolled out...Closed-loop Flat battery technology just may just have lined all the Ducks up in the wrong laneway...Straight to the
scrap heap...

The iron-air battery is composed of cells filled with thousands of iron pellets that are exposed to air and create rust. The oxygen is then removed, reverting the rust to iron. Controlling this process allows the battery to be charged and discharged.

US$200 million (AU$270 million) in Series D funding has been secured for the project, led by US$25 million (AU$33 million) from ArcelorMittal’s XCarb innovation fund. ArcelorMittal will non-exclusively supply the iron materials for the battery system production, and Form Energy said it intends to source its iron domestically, manufacturing the batteries near where the iron was sourced.
The battery’s first project is a 1 MW installation with Minnesota-based utility Great River Energy, located near the American Iron Range. Form Energy said it expects to have a 300 MW, 500 module facility active at a Great River Energy power plant by 2023.

Wow...! Graphene Batteries from Expandable Graphite, Aluminium Battery and anode technology, Now the Rusted on Iron-air Battery takes the stage...

Regards Croc