Very good isn't it guys - it looks like the higher grade blocks (up to 1% V2O5) might be mineable first (the full 1 billion lb V resource should last for years, if not decades) A quick grind and separate upgrade to (say) 1.4% would make an excellent feedstock for a low pressure acid leach plant. Final product might be acid soluble V2O5 flow battery ready.
As I see it - the big advantage of V flow batteries is that the scarce component is readily recyclable, where as Li cells will always have an expensive recycle process to reclaim a high percentage of Ni, Mn and Co - as well as the Li. Forget the graphite, it will be cheep to mine, or better still to make synthetic with superior flake shape. IMO the ultimate cost of the billions of these batteries which will exist in the future will be the recycle and remanufacture cost.
Next step will be more on the flow sheet, and hopefully news that a Pilot Plant will be built.
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- Ann: Vanadium Oxide JORC 2012 Resource with Exploration Results
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