Vanadium Demand to Surge if Redox Batteries Commercialized
If vanadium redox batteries for energy storage become the norm, demand for vanadium will surge and current supply is in no shape to meet that demand.
If vanadium redox batteries for energy storage become the norm, demand for vanadium will surge and current supply is in no shape to meet that demand.
Mining Weekly reports that mining property owner TNG sees substantial value in the potential for vanadium mining at Australia’s Mount Peake. The article states: Demand for vanadium is forecast to increase as a result of the rapidly expanding high tech-industry demand in addition to high-quality steel demand. To read the full article, click here.
By Desmond McMahon– Exclusive to Vanadium Investing News Australia’s Labor Government has proposed a Resource Super Profits Tax (RSPT) that will tax profits from Australia’s non-renewable resources as part of its budget and platform for the election expected later this year. The Mineral Council of Australia says the new tax would increase the rate to [...]
Get our independent commentary on vanadium trends and companies delivered to your inbox.