Wednesday, January 02, 2019 1:53:31 PM
A bull market storm brewing for vanadium
Stefan Schauss 01/02/2019
Traditionally used for steel production, the world is waking up to vanadium for clean energy solutions as pressure mounts to address climate change on a global scale – and some countries already have a strong foothold in the market. China and Russia have been producing the largest quantities of vanadium since the 1960s. China has produced 84,000 tons, up 3.1 percent from 2017, and it is expected to grow 3.5 percent per year. As the country grapples with modernizing its own infrastructure to capture intermittent power from renewables, it is in a unique position to control the market for vanadium redox flow batteries (VRFBs).
Read more at:
http://www.mining.com/web/bull-market-storm-brewing-vanadium/
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