it will be horses for coarses. according to project blue (ex roskill analyst) only 2 percent of global storage needs to be captured by VRBs and supply could not keep up even if every vanadium greenfield project came online. thats only 20MWH needs to go to VRB for every GWH of annouced projects. based on probability I think it's almost certain VRB will capture something between 1-2 percent.
just this year I've probably noted at least >2GWH worth of projects in the pipeline in China. unless there is 400GWH of sodium/lithium chemistries planned for china over the next few years that 2 percent figure may get blown out of water.
TMT Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
