I think the VRFB is a no-brainer for LDES, especially for a fire-prone country like Australia. Even if we don't make the batteries here at least we can make the V²O⁵ and electrolyte as that's ~40% of the cost.
Projections on VRFB's coming to fruition. "2023 estimates are as high as 2 GWh of total new VRFB projects, representing approximately 10% of global vanadium production."
https://www.linkedin.com/feed/update/urn:li:activity:7057769176018341889/
"According to Pangang Group, energy storage is now the second largest consumer of vanadium, trailing only steel. VRBFs have passed titanium alloys and chemicals, by growing from 2.7% of global vanadium consumption in 2021 to 5.3% in 2022. This is a significant milestone, not just for the energy storage industry but also for the vanadium one."
The world needs more supply, and it's coming, so (IMO) only those with lower cost of production will thrive. Enter TiVan...
I think the VRFB is a no-brainer for LDES, especially for a...
Add TVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $90.28M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $121.6K | 2.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 420791 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 138028 | 2 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.5¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 5.6¢ | 5.7¢ | 5.4¢ | 1335729 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| TVN (ASX) Chart |