News: GTR GTI Resources Says To Acquire Number Of Uranium And Vanadium Properties Located In Utah,..., page-2

VANADIUM MINES in the USA could be huge in the future !!!

Today, vanadium is recognised as one of the tech metals (along with lithium, tantalum and cobalt) that are essential to battery storage, mobile phones, electric cars, and all the stuff that’s making our world spin these days. This metal is turned into the vanadium redox battery (VRB), a type of rechargeable flow battery that employs vanadium ions in different oxidation states to store chemical potential energy.

The battery exploits the ability of vanadium to exist in solution in four different oxidation states and uses this property to make a battery that has just one electroactive element instead of two, which makes it useful for grid energy storage, such as being attached to power plants or electrical grids. VRBs provide an exciting opportunity for the renewable energy sector due to their ability to timeshift large amounts of previously generated energy for later use.

With the global shift toward renewable energy, vanadium is big business, and the demand is only going to get stronger. Already there is significant demand from China for the metal to enable them to meet their renewable power goals as they move away from coal.

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