"For vanadium batteries to become economic, Roskill believes that the price of chemical-grade vanadium would need to drop well below the price even of lower-grade vanadium – and probably to a price level at which the production of vanadium would no longer be economic. As such, unless major technological breakthroughs and cost reductions are achieved, Roskill deems it unlikely that VRB technology will be adopted as rapidly, or as widely, as has been suggested by some market participants."
TNG Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
