That’s $30 million is 1,361 tonnes at $10 per pound initially
or 138 Megawatt hours of vanadium electrolyte.
Safe to say the starting amount won’t even touch the surface and many more tonnes etc will be required for VRFB investment.
The physical vanadium trust I will say will take all of Largos supply from January to September for the next 5 years.
There will be a new floor in the market very quickly
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