Here is another property around the Ti Tree area with 2GL pa bore water allowance.
https://www.realestate.com.au/property-mixed+farming-nt-ti+tree-700155698Water extraction should be on the register for the risks associated with the relocaton of the refinery to Mt Peake (permits etc) - both the EIS for the Mine/Beneficiation plant & the refinery resulted in water use reduction on the second/third submission. Now there is little doubt an increase in water use will be required for the combined Mine/refinery site.
A number of the Central CSG Qld projects which I worked, although a river was close by, required significant amounts of construction water (roads, civil works etc) which the company had not really factored in so ended up buying water at a nice premium from a local landowner.
Although they are not a farming company, TNG should be keeping an eye out for these properties IMO - a risk mitigation strategy - nearby water rights which I've seen properties without sheds/buildings go for around the $800K mark for 1Gl per year. When they become available, if the property is worth the water rights, even if not farmed by the company, they should also be considering this - it wouldn't be the first time I've seen this done - some of the CSG companies are cattle farmers & have cowboys & cowgirls on their payroll.
I had to waint until the weekend to binge watch the sessions from the IFBF showcase which was posted here (about 6 hours viewing):
https://hotcopper.com.au/threads/good-news-for-tng.6342161/page-140?post_id=57331401There is something which I have overlooked when considering the market competitiveness of Vanadium flow vs Lithium Ion & it is down to the fact that Lithium batteries are not just Lithium - they are Lithium, Nickel, Cobalt, Aluminium, Graphite (+ Silicon & HPA), Manganese, Phosphate, Iron, Carbon Black in various compositions.
Each of these elements require deposits, mines, processing/refinery facilities for purity & PCAM facilities & end of Use recycling facilities.
Vanadium batteries need a cheap supply of Vanadium. High Purity Vanadium processed into an electrolyte.
Pretty much one active ingredient versus a complicated cocktail of ingredients for Li-Ion.
Surely what is going to come out of COP26 will be fund managers looking for advanced project developments which TNG's would certainly qualify - the TIVAN process promises to 'lock in' that single key active ingredient production cost indefinitely.
Not to mention that economies of scale, TIVAN plants, electrolyte, membranes, Balance of plant manufacturing faciliities & higher energy density improvements to get more capacity from every kg of Vanadium, are all still in VRFB's future (as we have seen the same for Li-Ion).
A question worth asking at the AGM - there are multiple start up decarbonisation technologies getting backed across the board by groups like Presidio, Softbank, Breakthrough Energy, Koch Industries, Bezos/Amazon, FFI, Prelude Ventures, so what do TNG think the venture capital/sustainable financiers are looking for?
Because if they can't see the potential here with TIVAN & everything that will become a possibility as a result, is it because these groups aren't looking very hard or is it that the story is not being told well enough?
All the others above - the trend is up - vanadium - see below.
