EGZ.v ENZR The best thing since Lithium.
Nice Write up. Vanadium Redox Tech looks to be the wave of the future. A car went 600km on a single charge and there are 35000 charges available from a Vanadium supercharged Lithium battery.
One of the companies with access to vanadium pentoxide is Energizer Resources (OTCBB: ENZR).
The company 100% owns a very large vanadium pentoxide resource in Madagascar. It has the support of the local government, infrastructure being built by a local thermal coal project, and is already in negotiations with steel and battery producers.
As vanadium demand grows, Energizer Resources could benefit as it brings its resource online. And so could its shareholders.
The 100% owned Green Giant vanadium project, located in Madagascar, is one of the largest vanadium deposits in the world. Energizer is the only company actively targeting to produce a battery-grade vanadium pentoxide (V2O5).as a primary product
Energizer’s deposit is unique from other known Vanadium deposits because it is sediment-hosted and not magnetite-hosted like the majority of other known Vanadium deposits. As a result, Energizer expects to produce a clean liquor requiring less processing to produce the high purity (.98.4%), battery-grade V2O5
This high grade Vanadium brings a %100 premium on the market now as the high grade V2O5 or Vanadium Pentoxide is whate required for the Battery technology.
By comparison, American Vanadium grades are much lower and therefore will be producing the lower grade V205 used for the steel industry.
Checkmate