Member Info for jogj99

https://tinyurl.com/y46cswwj

Perhaps some news before the Jo'burg Indaba that FM is speaking at on the 3rd.

@Paul150, can you repost the link using
https://tinyurl.com/
please?

Did anyone manage to register. I tried this morning but couldn’t get it to work.

@gkb , the issue before was the filling of the tanks. Basically during a fire alarm as the tanks were being filled it was contaminated.

How did that happen?

@Alfacomp, the East London capacity will go very quickly. I think people will be surprised how quickly a second plant comes online.

Once the East London facility is at capacity I cannot see any reason why a further plant could not be constructed at Vanchem. It already has the permits etc for the production of Vanadium chemicals so I see no reason why this wouldn’t be a very simple exercise to construct a plant there.

I fully believe that the East London capacity will be sold/accounted for as soon as it is up and running.

If anyone has any worries over the legal claims for previous dismissals etc then they should read this.
http://www.saflii.org/za/cases/ZALCJHB/2016/106.html

Bella, I was sceptical of what you have written but whilst catching up after a busy week I came across this tweet by VSun Energy.

https://twitter.com/vsunenergy/status/1169807849809010688?s=21

@Alfacomp. Did you enjoy your trip to Newcastle?

Incredible that there has been over 150 buys and down nearly 5%! Can’t wait till this farce is over.

Jmc69. Can you enlighten us please?

Ophidian, thank you very much for the explanation. Much appreciated.

Thank you for the great article. Can I ask a question please? If we are going to all that trouble of getting the Vanadium out of the magnetite, why don’t we also get all those other elements out or even just the iron ore which is currently worth about $90 US dollars a ton?

coffeecups, still not bought back in then? The Eskom battery project is fully funded by the World Bank. As fit the Unions, I’m sure you’re aware the Bushveld have put a significant amount of time and money into negotiating pay for employees and an employee share scheme. Personally I think battery storage may be the saviour of Eskom.

From the Q1 Operational Update - Stakeholder Management

Employees and local communities are an important part of the Bushveld Minerals strategy and growth plans. As previously communicated, Bushveld Minerals is committed to building a healthy cooperative relationship with its employees and the local communities in which it operates. As part of its commitments, the Company has embarked on an Employee Share Ownership Participation Scheme and an Employee Financial Wellness Programme.
Employee Share Ownership Participation
Bushveld Minerals' Employee Share Participation Scheme ("ESOP") is aimed at closely aligning the interests of Vametco's workforce to its operational targets. Further updates and progress on the ESOP will be provided as appropriate.

Employee Financial Wellness Programme
Bushveld Minerals is developing an Employees Financial Wellness Programme to assist in improving the financial well-being of employees. To this end Vametco has contracted a financial services provider which specialises in personal financial planning, debt consolidation, debt counselling and provision of unsecured loans.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BMN/14074086.html

With 20,000 plus cycles and fully recyclable at the end VRFB has to be at the top of the list.

2. Rethink, Reuse, Recycle

It is important to achieve high recycling efficiency rates for all batteries, in order to ensure sustainable use and reuse of materials and avoid inappropriate end-of-life disposal. EASE supports ‘design for recycling’ requirements that could help increase efficiency of recycling plants.

Second life applications for batteries (repurposing batteries for stationary applications after their use in electric vehicles) could potentially extend the lifetime of batteries. However, there are a number of risks and barriers to second life applications, as described in a recent EASE paper. It is important to underline that second life applications are not a panacea: once EVs become mainstream, there will be a very high number of EV batteries, not all of which can be absorbed into stationary applications. Moreover, new energy storage products specifically designed for stationary applications may have better performance and safety outcomes. Therefore, the potential for second life applications should be considered alongside strict requirements for recycling.

The European Commission should consider efforts to ensure recovery of critical raw materials (CRMs) from batteries. Design for recycling and minimum recycling targets could facilitate recovery of CRMs. In addition, tracking the specific CRM content of each battery product is key for making recycling easier and more successful.

3. Think bigger

When selecting the right incentive for battery technologies, EASE believes that it is important to be open-minded and not exclude some technologies from the market. Policies should not be developed based on only a few battery technologies and then extrapolated onto all battery technologies – of which there are many besides Li-ion batteries.

Although Li-ion batteries are at the moment the de-facto reference for batteries, it is fundamental to broaden the discussion among policymakers to all technologies – present and future – in order to not hamper the development of alternative battery technologies. Otherwise, other world regions will take the lead in developing alternative technologies, leaving the EU behind.

http://ease-storage.eu/sustainability-requirements-for-batteries/

EU policymakers are currently considering a regulatory proposal for sustainability requirements that must be met by all batteries manufactured and/or deployed in the EU.

Energy storage technologies are essential for both sustainable mobility and the integration of increasing shares of renewable energy sources into the energy system while maintaining an efficient and secure operation of the grid. Different policy measures are needed to promote the research, development, and deployment of all energy storage technologies, including batteries: R&D funding must be directed towards this challenge and the energy market design must create a level playing field for all technologies.

For batteries in particular, it is important also to develop requirements on ethical sourcing of raw materials as well as strict sustainability requirements (e.g. touching on durability, low carbon footprint, reusability, recyclability of batteries, etc).

For this reason EASE supports efforts by EU policymakers to bolster the manufacturing and deployment of safe and sustainable battery technologies across the EU and believes that a proposal for sustainability requirements could have a positive impact on the industry, provided that several key points are carefully considered:

1. Mobile and Stationary Storage Devices Work Differently

Mobility and stationary applications of batteries differ significantly; therefore, if the two are regulated together, they should have clearly differentiated categories with specific requirements for each category. In particular, minimum performance requirements (e.g. energy density, durability, capacity, etc) cannot be set for all batteries regardless of application. Batteries for back-up applications will need a limited number of cycles (i.e. In the range of 100 cycles), batteries for solar PV integration will need daily cycling (i.e. in the range of 3,000-6,000 cycles) and EVs normally need a weekly cycle (i.e. in the range 500-1,000 cycles in their lifetime).

Loudspeaker, you’re correct. It reopened fully on the 5th August, so hopefully very good news soon!

FM has previously stated that Bushveld are in contact with the ministry over the mining right for Mokopane. It isn’t simply a case of putting your paperwork in and waiting 5 years or whatever for your right to mine. There are various steps, discussions and hurdles to jump through. I think the mining right was almost ready previously and because Bushveld wouldn’t pay it was held back.

Since the office of Department of Mineral Resources in Limpopo was closed a year ago little has happened. I believe that it is to reopen immediately and the expectation is that Bushveld will get their licence then.