Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Voith agreement to resell and integrate Cellcube vrfb products. How big are Voith.?
"The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of $5.2 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe. "
Largo reports Q1 revenue increase of 35% over Q1 2022
https://twitter.com/largo_inc/status/1656406805331816450?t=TadMTNZ56vxf0qkvCqmD4Q&s=19
Just in case anyone isn't aware of what's coming down the track here's a link to the recent vrfb updates put together by Vsun.
https://www.linkedin.com/pulse/recent-global-vrfb-developments-vsun?utm_source=share&utm_medium=guest_mobile_web&utm_campaign=twitter
Also liked the part where Alberto talked about spikes in Vanadium happen at times when China becomes a net importer of V and given that vrfbs are experiencing exponential growth in China particularly, then that has big implications for the future of the Vanadium market.
https://twitter.com/VauxViva/status/1647682689862909952?t=gi7EiCfSp2TASv_lukNbhg&s=19
He also said that the 2018 spike brought them an additional US$400m (which is bigger than current mcap)
Love the stuff on the physical vanadium ETF which they say is the first and only useful physical metal EFT out their.
IE you but Vanadium and instead of storing it in a vault it get stored in a battery and does something useful whilst there!
Those western car brands that choose not to source their nickel from coal powered Indonesia will be able to use marketing that significantly differentiates them on an environmental basis.
Nickel produced in a green (hydro) way should therefore carry a premium as will the vehicles it goes to. (Vermehlo)
We might get a more up to date idea of the Vanadium market if we tune in to this on Thursday;
https://twitter.com/largo_inc/status/1645796515443802112?t=UB19bpO6Su1shnFpdS34Ww&s=19
Consumers must begin insisting on cleaner commodities. Pricing mechanisms on whatever exchange should begin to reflect the Co2 impact/t.
Manufacturers with access to greener battery commodities (ie those produced with renewables (hydro!) will surely start to use that in marketing as a significant point of difference.
Bushveld Energy said that the 513MW tender from the Department of Mineral Resources and Energy (DMRE) actually had some favourable conditions for flow battery technology. Specifically, the high number of cycling the battery systems would be required to do and the length of the contract.
“Requirement for two full, four-hour long charge and discharge cycles per day. This high cycling is perfect for the non-degradation of flow batteries and will increase augmentation costs significantly (not to mention future price risk) for anyone bidding lithium.”
“15-year supply agreement, which, while less than the 20-25 year lifetimes of flow batteries, exceeds the typical 10 year warrantees offered on lithium ion batteries.”
Bushveld Energy said that the company’s new plant in South Africa would be producing enough electrolyte to support a bid. Energy-Storage.news has asked the firm to confirm that CellCube would therefore consider bidding into the tender but the spokesperson declined to comment.
I've emailed a complaint to energy-storage news as their 2 articles conflict;
"Good morning,
Can I raise with you the misleading headline in your recent article by Cameron Murray
.
"South Africa 513MW tender has challenging requirements and flow batteries do not fulfil spec"
The article doesn't reference any data regarding why vrfbs do not meet the 70% RTE criteria required and conflicts with your previous article below which states that vrfbs are 70% - 85 % RTE.
The situation requires clarification as to which of your articles is to be believed and certainly should not be a headline unless definitive evidence is referenced.
https://www.energy-storage.news/rising-flow-battery-demand-will-drive-global-vanadium-production-to-double-by-2031/
Regards
"
The 70% round trip efficiency criteria does not rule vrfbs out, contrary to the headline in your article.
"The paper does acknowledge some of the technology’s downsides, albeit whilst pointing out that the industry is working to address those, such as: lower round-trip efficiency (flow batteries average 70% to 85%, versus 90% to 95% for Li-ion)"
https://www.energy-storage.news/rising-flow-battery-demand-will-drive-global-vanadium-production-to-double-by-2031/
Weird/coincidental that this happened over the 2 days that Glen have bid for Teck.
Why did Teck sell their HZM holding to Glencore btw, when they didn't need the cash and only had to wait a year like we are for a fat better return.?