Another concern about the V industry too is the battery sector. With the V2O5 price at a multi-year low, you would presume that this would be an absolute boon to the VRFB industry, the low cost of the key ingredient. Yet it hasn't been, just look at Invinity Energy (UK), they continue to struggle with orders and cash flow and the SP has been in steady decline since the start of July 2023. If Invinity are not doing well with the current rock bottom V pricing, when will they ever ?
All IMHO, DYOR
AVL Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
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