SYR and its Vanadium resource, page-6

Let's we forget large scale energy storage with VanadiumRFB. All in good time I suppose.

"Syrah Resources (ASX: SYR)

Known for its flagship and recently commissioned Balama graphite mine in Mozambique, what few punters may remember was the project’s vanadium prospectivity.
Up until 2015, Syrah’s flagship project was known as the Balama graphite and vanadium project in Mozambique.
In mid-2014, Syrah finalised a scoping study that explored producing vanadium in conjunction with graphite at Balama. Metallurgical test work during the study produced a 99.9% pure vanadium pentoxide.
At the time, the project’s resource was 1.15 billion tonnes grading 10.2% total graphitic carbon and 0.23% vanadium.
According to Syrah, the Balama vanadium resource is four times larger than the world’s largest operating vanadium deposit in South Africa.
The scoping study revealed up to 255,000tpa of V205 could be produced for 20 years after an US$80 million capital expenditure and generate annual EBITDA of US$85 million.
In mid-2015, in its final feasibility study for Balama, Syrah reported it would progress the vanadium resource to a full feasibility study once the graphite part of the project had been commissioned.
While mining Balama graphite, the vanadium-bearing concentrate will be stored as tailings."