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Potential Vanadium Industry Game-Changer Should the scale-up and commercialisation of the TIVAN® process prove successful, it has the potential to be a game-changer in the vanadium industry.
One key is that it has the potential to provide a reliable supply of high purity, battery grade V2O5, one thing that is apparently lacking in the current market – a point which is raised by some independent analysts. This then may help drive the development of Vanadium Redox Batteries (“VRB”), which has been stymied partly by the lack of suitable V2O5, which is required for the battery electrolyte.
These batteries have the capacity for grid-scale power storage, with trials being run in a number of countries. Simple Mineralisation Other factors that differentiate Mount Peake from other vanadium operations include the simple, flat-lying nature of the ore body (low and consistent strip ratios over time) and largely fresh rock (no clays to affect processing). There are significant thickness of mineralisation in the magnetite **bro sill, which should result in a low strip, low dilution open cut mining operation
Source---> http://www.tngltd.com.au/images/tngltd---gumeiquahl.pdf
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