AVL 6.67% 1.4¢ australian vanadium limited

News: AVL Australian Vanadium Signs A Joint Co-Operation Agreement With Mid West Ports Authority, page-10

  1. 2,651 Posts.
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    If the IGO and the Water Corporation VRB trial's prove successful ( which knowing about the VRB tech seems very positive ) that will really open the floodgates for VRB's in Australia and cement a place for them in power storage.

    Marketing a completely new and unknown tech in direct competition to one of the highest profile billionaire / celebrity icons / egomaniacs in the world Elon Musk is no easy feat !

    Particularly when he also has our Aussie mate and his bestest buddy Mike Cannon-Brookes firmly on his side, and after the massive publicity stunt he and Musk pulled together for the SA Battery Installation with Malcolm Turnbull swooning like a lovesick schoolgirl on his much publicised phone call with Elon Musk.
    That already 5 year old (2017) South Australian Lithium Ion battery must be tick tick ticking away toward the end of it's lifecycle as we speak.

    It's a credit to management that they even managed to get IGO and The Water Corporation to see past all of that BS and give the VRB's a trial.
    They could just as easily gone with Li Ion and I bet there was plenty of pressure / persuasion to do just that.
    There must have been some heavy duty convincing and number crunching going on considering who / what they are up against.
    IGO and Water Corp are obviously open to the real potential of VRB's being a superior option to Li Ion.


    https://hotcopper.com.au/data/attachments/4137/4137746-ddea8cc284aff46bfcf9236cf54fd377.jpg
 
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