Electrolyte and demand

What does AMG’s vanadium electrolyte plant signal to the market? (theprojectblue.co)
If Zanesville signalled AMG’s faith in future vanadium demand in steel, the Nuremberg plant and Phyr7 acquisition show its belief in the future of VRFB demand, and its commitment to build an integrated supply chain in this space.
Project Blue has recently revised its outlook for VRFBs and remains positive about the likelihood of the technology’s widespread commercialisation. By 2050, the VRFB market accounts for ~30% of total vanadium demand in our base case. This new demand will require electrolyte from new projects, most of them unknown at this stage
from What does AMG’s vanadium electrolyte plant signal to the market? (theprojectblue.co)