The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Overview
• VRFB’s in USA
• Presentations from Invinity Energy Systems, Largo Clean Energy and WattJoule
• Virtual Q & A panel
• Vanadium Market Update
• VRFB Electrolyte Recyclability
• VRFB Marketing & Sustainability
http://www.vanitec.org/vanadium/ESC-Meetings
Join us for updates on the VRFB including the latest news out of the US with presentations and 1 hour panel with US VRFB experts, an update on the global V market, a marketing update, and a presentation on the recyclability of the VRFB electrolyte. The meeting will again be open to all at no cost.
The purpose of the meeting is to bring together VRFB developers, electrolyte producers and suppliers, and vanadium industry contacts.
For more information on Vanitec, our VRFB work, and how to join the Vanitec Energy Storage Committee, check out our website at http://vanitec.org/vanadium/VRFB
Free Webinar Registration
https://us02web.zoom.us/webinar/register/WN_-AJMo9JTRg-SRbsEvJpEVw
Mikhail on capturing value on one single Project
https://youtu.be/p3QUjIL1rJQ?t=2206
“Just remember the more you use a flow battery the cheaper it is, the more you use a lithium battery the shorter it lives”
Rick Winter - President & CEO @ UET
IFBF2020 Session 2 Clip Edited below to 1.35.30
https://youtu.be/JcP1XTjYrTE?t=5730
Bushveld Minerals Chief Executive Officer, Fortune Mojapelo and Finance Director, Tanya Chikanza will host a conference call and presentation at 14:00 BST (15:00 SAST) today to discuss the 2020 full year results with analysts. Participants may join the call by dialling:
Tel: United Kingdom: +44 (0)330 336 9126; South Africa: +27 11 844 6054
Pin: 1720767
Alternatively, the presentation can be accessed as a webcast here:
https://webcasting.brrmedia.co.uk/broadcast/60d9897e0bb2806642d65b88
Shanxi Guorun High-efficiency All-vanadium Redox Flow Energy Storage Battery Demonstration Project Put Into Trial Production
www.vanadiumprice.com/shanxi-guorun-high-efficiency-all-vanadium-redox-flow-energy-storage-battery-demonstration-project-puts-into-trial-production-in-shuozhou/
On June 24, the reporter saw that the all-vanadium flow battery project of Shanxi Guorun Energy Storage TECH Co., ltd has been put into trial production in the Emerging Industrial Park of Shuozhou Economic Development Zone. As the “star of the future” in the field of large-capacity energy storage, the all-vanadium flow battery is the most technologically advanced high-efficiency rechargeable fuel cell in the world today, because of its high power, high energy, high efficiency, low cost and long life. It has the advantages of safety and pollution-free, and has a wide range of applications in photovoltaic power generation, wind power generation, smart grid, transportation and military fields, and has the advantages of green environmental protection and high-efficiency energy storage in large-scale power systems, and has a good market prospect.
Shanxi Guorun Energy Storage TECH Co., ltd is a high-tech enterprise integrating production, study and research. It is mainly engaged in the research and development of flow battery energy storage technology and the production of high-end ion membranes for flow batteries and hydrogen fuel cells. The self-developed vanadium redox flow battery energy storage system and high-end new materials (perfluorinated ion membrane) have excellent product quality and excellent performance. They have successively received inquiries from dozens of national companies such as Australia, Ukraine, Russia, and Canada. Currently, it is cooperating with well-known domestic manufacturers such as Shanghai Electric, Goldwind Technology, CATL, etc.
China’s Battery Storage After the Explosion
https://energyiceberg.com/chinas-battery-storage-after-the-explosion/
Following the explosion and likely safety standard increase, the opportunities emerge for those “safer but relatively more expansive” storage technology and those technical solutions to ensure the safety operation in storage plants.
Vanadium redox battery is poised to be a competitor to lithium battery solution in utility-scale projects.
https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://finance.eastmoney.com/a/202104181888978937.html&prev=search&pto=aue
“On South Deep’s current site for the solar plant, where work is already progressing for the approved 40MW project and on track to be completed by Q2 2022, we could potentially expand capacity to 70MW at this site, with further expansion possible on other identified sites on our property,” Preece said.
The solar plant is anticipated to translate into a cost saving of about R120-million a year and will reduce South Deep’s carbon emissions by 100 000 tonnes a year, taking it from 490 000 tonnes to 390 000 tonnes.
The Minerals Council, which represents more than 90% of the industry, is calling for the government to urgently reduce the red tape tied to getting the ministerial determinations that will enable mining companies to self-generate power.
“The mining industry can rapidly bring on board at least 1.6GW, largely renewable and private sector funded, embedded generation projects that are already being planned by mining companies. Initial estimates are that this development could lead to additional short and medium-term investment by the industry solely in embedded generation projects of around R27 billion,” the Minerals Council said.
According to Goldfields, key to the success of any potential future expansion would be the relaxation of arrangements to allow mines to feed excess electricity back into the Eskom grid or to economically viable storage options.
https://mg.co.za/environment/2021-06-24-mines-turn-to-solar-power-because-of-eskoms-unreliable-electricity-supply/
Mining companies are opting for renewable energy because of Eskom’s unreliable supply of electricity. Gold Fields’ South Deep operations was the first to apply for a ministerial deviation to generate 40 megawatts (MW) of solar power at the Westonaria mine in 2017.
The mine said it was working to move more operations to daylight hours to maximise its solar plant, which is expected to supply 20% of the mine’s demands when it goes online in 2022.
President Cyril Ramaphosa’s recent announcement that the government had increased the threshold for embedded self-generation of power to 100MW means that mines see a greater opportunity to retreat from reliance on Eskom.
Gold Fields’ executive vice-president, Martin Preece, said: “We have already commenced work to increase our underground water dam storage capacity to eliminate pumping activities at night — one of our most electricity-intensive activities. Furthermore, we are looking at what maintenance activities we can shift as well.”
Gold Fields’ plans will simultaneously reduce its emissions, which fuel climate change. Self-generation, if adopted by the mining industry, would assist companies that will have carbon budgets with hefty tax bills on carbon emissions in the future. Carbon budgets are allocated to industries that emit greenhouse gases.
Over the last few years the government has developed sectoral emission targets (SETs) for big polluting sectors. These targets, and a voluntary carbon budget for selected companies, were developed parallel to a carbon tax.
“The SETs frameworks were to be finalised in the 2021-22 financial year, while a mandatory carbon budget would be implemented in 2023, with carbon tax phase two implementation. This alignment between the carbon budget and tax would ensure that the carbon tax enforced the carbon budget [a higher tax rate applied to emissions above the carbon budget],” the department of environment told parliament regarding progress on policies to meet South Africa’s obligations to the Paris Agreement.
Nick Holland, Gold Fields’ chief executive at the time of the announcement, said the benefits of the solar plant at the mine was an important step in the company’s journey to net-zero emissions.
“We expect our investment in renewable and low-carbon energy sources to contribute significantly to our carbon emission reductions over the next few years. Power from the South Deep solar plant will partially replace coal-fired electricity from Eskom, enabling us to significantly reduce our carbon emissions,” he said.
The South Deep plant will comprise 116 000 solar panels and cover an area roughly the size of 200 soccer fields on mine property. The estimated capital investment for the plant is R660-million.
To V or not to V, that is the question….
From SP Angel Note 11th June 21
‘Media coverage of the wobbly skyscraper at SEG Plaza in Shenzhen serves to highlight the importance of using good quality structural steel with the proper vanadium content as ‘quench & tempered’ steel is brittle and might have failed by now. Experts believe China’s very rapid building techniques are partly to blame for the wobble in the structure’
Panic: Massive China Shenzhen SEG Plaza Skyscraper Starts To Shake
https://youtu.be/fotXoJCEja8
https://youtu.be/_1SCdu2oB8Q
Maybe Duferco are selling down to place finance towards their new Steel Plant in Brescia Italy.
https://www.dufercotp.com/en/pr-investment-sustainable-steel-plant/
Public opening and Price reading of RFB No. PSCED0334-R
Bid Number: PSCED0334-R
Bid Description: Request for Bids for Design, Engineering, Supply, Construction, Installation, Testing and Commissioning of Battery Energy Storage Systems (BESS) with a minimum of 80MW/320 MWh of usable capacity and energy including 5 Years Plant Operation and Maintenance Services at Eskom Skaapvlei Sub-station, Sere Windfarm, Koekenaap, Matzikama District Municipality, Vredendal, West Cape, South Africa
Link to join Public Opening and Price reading
Closing Date & Time 14th June 2021 14:00 (SA Time) 13:00 (London Time)
Microsoft Teams Meeting
https://teams.microsoft.com/l/meetup-join/19%3ameeting_MmQ2NTlhNTEtNmY4Mi00NTAzLWJlNTktYWI0MzU3NTgzNzU3%40thread.v2/0?context=%7b%22Tid%22%3a%2293aedbdc-cc67-4652-aa12-d250a876ae79%22%2c%22Oid%22%3a%2276c32d11-0633-40fd-a3bd-ec5d7761fde7%22%7d
Eskom Tender Bulletins
(Type BESS in search)
https://tenderbulletin.eskom.co.za
I highly recommend listening to the whole of the Webinar. Mikhail & Fortune are
‘laying the foundations’ for a behemoth of a Company.
For example Ernest Cleave their CFO from around 33:30 mins with regards to Slide 18 of the Presentation.
Register to enable
https://largoresources.com/
Presentation
https://s27.q4cdn.com/288457300/files/doc_presentations/2021/June/Battery-Day-Deck-Final.pdf
Register to enable
https://largoresources.com/
Presentation
https://s27.q4cdn.com/288457300/files/doc_presentations/2021/June/Battery-Day-Deck-Final.pdf
https://www.newsfilecorp.com/company/5517/Saltbae-Capital-Corp.
Toronto, Canada, June 1, 2021 – CellCube Energy Storage Systems Inc. (“CellCube” or the “Company”) (CSE:CUBE), is pleased to announce that it has filed an alternation notice with the Registrar changing its corporate name to “Saltbae Capital Corp.” (the “Name Change”). In connection with the Name Change, the Company has reserved a new CUSIP (79575K104) and ISIN (CA79575K1049).
No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of the Company will not be affected by the name change and will not need to be exchanged. The Company encourages any shareholder with any questions or concerns to contact the Company or to discuss any of the foregoing with their broker or agent. The Name Change may be subject to the approval of the Canadian Securities Exchange.
Management continues to review the corporate and financial records of the Company with the intention of revoking the cease trade order issued by the securities authorities that affects the securities of the Company. Provided the cease trade order can be remedied management will then seek corporate transactions to enhance shareholder value. The Company has not established a definitive timeline to complete the revocation of the cease trade order and a strategic transaction and there is no assurance that the cease trade order can be revoked or any transaction will be completed as a result of this process. The Company does not expect to make additional public comments regarding these matters until the board determines that additional disclosure is appropriate in accordance with applicable securities laws.
For further information please contact: CellCube Energy Storage Systems Inc. Carly Burk, Chief Executive Officer
Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.
CellCube/Enerox relaunch shown as mid 2021
https://www.cellcube.com/about-us
The event will highlight Largo’s sizeable growth opportunity in the long-duration battery market, our comprehensive development strategy and showcase the key technological advantages of our VCHARGE± battery system as we position ourselves towards a sustainable future.
Paulo Misk, Largo’s President and Chief Executive Officer stated: “Through our unique vertical vanadium integration, Largo has a powerful opportunity to provide potential customers with a competitive and commercial solution to the growing need for long-duration energy storage with its vanadium redox flow battery system. Largo has developed a truly disruptive business model that we believe will create a competitive moat around our business.” He continued: “The need to accelerate the transition to clean energy integration is one of the top global priorities, and Largo intends on being a leader in advancing this mission through the deployment of its safe and sustainable VCHARGE± battery system. Importantly, we also believe this crucial transformation will create long-term shareholder value at Largo. We look forward to showcasing our competitive strategy during this event and encourage everyone interested to register in advance.”
Key non-executive directors and management from Largo will present a complete overview of the business opportunity during a presentation and Q&A session.
Largo’s Battery Day Agenda
Introduction
Alberto Arias, Non-executive Chairman, Largo Resources
Business Overview
Paulo Misk, President & CEO, Largo Resources
Financial Overview
Ernest Cleave, CFO, Largo Resources
Market Opportunity
Paul Vollant, VP of Commercial, Largo Resources
Deployment and Manufacturing Plan
Salvatore Minopoli, VP of Operations, Largo Clean Energy
Technology Overview
Shazad Butt, VP of Engineering, Largo Clean Energy
Attendees are encouraged to preregister for Battery Day using the webcast registration information provided below. A replay will be available on the Company’s website following the event.
Webcast Registration
https://produceredition.webcasts.com/starthere.jsp?ei=1466708&tp_key=1f0ef49c5
Great research @ Setcentric.
Paul Vermeulen, chief engineer for renewable energy at City Power, Johannesburg on batteries being part of the national grid
https://www.esi-africa.com/industry-sectors/future-energy/a-conversation-with-paul-vermeulen-on-batteries-being-part-of-the-national-grid/
Paul is on the Executive Committee @ SAESA
https://saesa.org.za/?page_id=7
2 of 2
Experts in flow battery R&D will be debating the industry’s future directions; suppliers and manufacturers will be adding their views and their requirements into the debate.The symposium will be our third web-based event: so, although once again we can’t be face to face, our conferencing platform and our interactive format means that you can be fully involved in the discussions and networking. Many of those who took part in January’s Forum were impressed by the effectiveness and enjoyability of the networking sessions. The conversations between manufacturers,?users, potential buyers,?students, and researchers formed new contacts and strengthened existing?relationships.
More details about the programme, and details of registration are here.
https://flowbatteryforum.com
BEIS Guidelines
https://www.gov.uk/government/publications/longer-duration-energy-storage-demonstration-competition-apply-for-stream-1-pre-commercial-demonstrator-grants
Flow Batteries Europe
https://www.flowbatterieseurope.eu
For further information regarding registration, or participating as an exhibitor or sponsor, please email: Aud@flowbatteryforum.com.
Best wishes
Aud and the IFBF team