TOE 6.45% 33.0¢ toro energy limited

Banter and general comments, page-16

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    Vanadium looks like it wants to run currently US $9 lb .

    There is alot of testing and development of Vanadium Redox batteries for grid storage as it is more suited for this purpose and testing has shown it can cycle 4 times more than lithium ion batteries ( Testing is still ongoing and may be more).

    VRFBs have a lifespan of 20+ years
    VRFBs offer immediate energy release
    VRFBs are suitable for grid connection or off-grid settings - ideal for renewable energy
    VRFBs can discharge 100%, without any damage to the battery
    VRFBs are non-flammablePower and energy can be scaled independently
    Vanadium electrolyte can be re-used and does not need to be disposed of
    The batteries can be cycled more than once per day
    They use only one element in electrolyte - V2O5VRFB energy storage guarantees uninterrupted power supply

    Vanadium can be used to make steel alloys, for use in space vehicles, nuclear reactors , wind turbines and aircraft carriers, etc. Vanadium steel alloys' strength means that they are perfectly suited to the creation of tools, axels, piston rods and as girders in construction.

    This combined with Uranium ( at a higher price ) could make this a viable resource as there is slightly more vanadium than Uranium and would make this a valuable by-product.

 
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