meanwhile
someone asked what's happening with IGO
9th Jan 2023
IGO Limited (IGO or the Company) advises that Tianqi Lithium Energy Australia Pty Ltd (TLEA), the lithium joint venture entity owned by Tianqi Lithium Corporation (TLC) (51%) and IGO (49%) has entered into a Scheme Implementation Agreement (SIA) to acquire 100% of Essential Metals Limited (ASX:ESS) (ESS) for A$0.50/share, payable in cash, pursuant to a proposed scheme of arrangement (the Transaction or Scheme). The transaction represents a 36.3% premium to ESS’s 30-day VWAP and values ESS’s equity at A$136 million on a fully diluted basis.
and this dated Aug 2022
ESS Announces Strategic Partnership to Deploy Long-Duration Energy Storage in Australia and Deliver an Expected 12 GWh of Iron Flow Batteries
Wilsonville, Ore. – August 11, 2022 – ESS Inc. (NYSE: GWH) today announced a strategic partnership with Energy Storage Industries Asia Pacific (“ESI”to distribute and manufacture iron flow batteries utilizing ESS technology in Australia, New Zealand and Oceania to meet rapidly growing demand for long-duration energy storage in the region.
further:
Magnus has quietly withdrawn from building a battery gigafactory at Townsville despite support from QLD Govt .
This dated July 2022
ESS is now building an iron flow battery gigafactory at Maryborough
Construction has begun of a factory for long-duration flow batteries using iron and saltwater electrolyte in Queensland, Australia.
The ceremonial first turning of sod on the site was announced yesterday by the Queensland state government and by the company behind the A$70 million (US$47.67 million) project, Energy Storage Industries Asia-Pacific (ESIAP).
Located in the Queensland city of Maryborough, the facility’s construction was welcomed by dignitaries in attendance, including Queensland Deputy Premier and State Development minister, Steven Miles, who is also a local parliamentary representative for the city.
“In the near future, power generated from a nearby wind or solar farm will be stored in iron flow batteries and help power Queensland,” Miles said.
“This manufacturing facility shows industry has confidence to invest in Queensland.”
The state government recently committed A$15 million to support the scale up of the National Battery Testing Centre in Brisbane, Queensland’s capital city, and is preparing to launch a Queensland Battery Strategy later this year.
The iron electrolyte flow battery is IP held by US manufacturer ESS Inc. Unlike vanadium redox flow batteries for which many patents expired several years ago, Oregon-headquartered ESS Inc remains the only company able to manufacture and license the technology.
Things are moving fast in this grid scale battery space , there is a need to keep on top of research
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