Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tomorrow is the start of a new month, a new week and the first trading day after the consortium's exclusivity period has ended. It could be an interesting new period in our growing story.
Tonight our latest punchinello appears riding a bike with no saddle to insult our intelligence but don't worry it will disappear by morning.
I for one am looking forward to some interesting updates that must be in the wings.
GLA all
@scotscout: Good find, it is actually en route to Mexico via the Bahamas and due to be delivered early March. Possibly later as the vessel that the container is on appears to be delayed at present. Good to see Bushveld Vanchem as the supplier though.
If you have come to this forum because of the recent press coverage of Bushveld Minerals then read on.
There is one site which has grown over the years with an incredible and diverse range of research on the Company written by many of it's long term followers.
Head over to https://thebushveldperspective.com/ for more details, but beware; you may be there a while.
Then consider if this is the investment for you.
Oh dear! Who might be in a position to assist SA with their leader's plans of:-
We will initiate the procurement of emergency power from projects that can deliver electricity into the grid within 3 to 12 months from approval.
The National Energy Regulator will continue to register small scale distributed generation for own use of under 1 MW, for which no licence is required.
The National Energy Regulator will ensure that all applications by commercial and industrial users to produce electricity for own use above 1MW are processed within the prescribed 120 days.
It should be noted that there is now no limit to installed capacity above 1MW.
We will open bid window 5 of the renewable energy IPP and work with producers to accelerate the completion of window 4 projects.
We will negotiate supplementary power purchase agreements to acquire additional capacity from existing wind and solar plants.
We will also put in place measures to enable municipalities in good financial standing to procure their own power from independent power producers.
When we read about Vanchem we often see that the plant is capable of producing Chemicals. I have often wondered what they may be. I am not a scientist so forgive me if this is rubbish, I have found a list of products that can be produced from V feed stock for starters. Vanchem definitely exported AMV.
Ammonium Metavanadate (AMV)
Vanadium Pentoxide (V2O5)
Technical-Grade Vanadium Pentoxide (V2O5)
Vanadium Trioxide (V2O3)
Vanadium Tetraoxide (V2O4)
Tetravanadium Septoxide (V4O7)
Hexavanadium Triskaidekaoxide (V6O13)
Vanadium Oxytrichloride
Vanadium Tetrachloride
Vanadium-Titanium Mixes
Vanadyl Oxalate
Vanadyl Sulfate
Stretvan™ Sodium Metavanadate Solution
3.5-Valent and 4-Valent Vanadium Electrolyte
Potassium Metavanadate Solution
Potassium Orthovanadate
Sodium Ammonium Decavanadate
Vanadium – the key to renewable energy storage
According to AIM-listed Bushveld Minerals, a low-cost, vertically integrated primary vanadium producer with assets in South Africa, Vanadium currently benefits from having two strong uses driving its demand.
One, the traditional steel sector, where vanadium is used as a strengthening alloy, which boasts a steady growth trajectory according to most general forecasts due to an increase in intensity in use of vanadium.
Two, the energy storage sector, where vanadium is the primary input into vanadium redox flow batteries (VRFBs), which not only benefits the burgeoning renewable energy sector, but significantly, and perhaps more importantly, helps make existing power systems more efficient through load balancing and other forms of grid savings.
Upside in demand from the energy storage sector
Research from Navigant forecasts that the size of the energy storage market will reach US$50 billion within the next 10 years, which represents a growth rate of 58% a year to exceed 100 GWh of capacity by 2027.
While multiple technologies are expected to be successful due to their unique technical and cost advantages and suitability to local conditions, VRFBs are expected to capture approximately 18% of the market, which equates to 20 GWh of demand and nearly $10 billion in revenue in the coming decade.
This confidence is shared by the World Bank, which recently allocated $1 billion to a global battery storage programme (aiming to raise an additional $4 billion in co-investment) to drive market creation and help drive down battery prices in low- and middle-income countries.
From a VFRB deployment perspective, there are already a number of large VRFB projects in progress, including the largest VRFB in the world currently under construction, demonstrating the technological benefits and proven use-cases in countries with established power grid infrastructure.
In South Africa, the country’s recently published Integrated Resource Plan 2019 specifically seeks novel ways to improve grid reliability and access to power over the long-term, with a dedicated allocation of over 2 GW for new energy storage.
As a result of these developments, Bushveld Minerals founder and CEO Fortune Mojapelo is confident that vanadium will continue to feed the primary steel market, while gaining further market share of the important energy sector through VRFBs.
@VauxhallViva: It is interesting that the total Vanadium produced is tabled as Nitrovan plus FEV but sold is tabled as Vanadium.
I am guessing that it is more efficient to produce electrolyte from a product in the line prior to it becoming Nitrovan. This makes it difficult to be sure on your point. All good news though, (ooops I said it)
@berserker: If what you say is to be taken at face value then by your own admission you are only posting to lower the SP in order to make a financial gain. Forgive me if I don't believe your heartfelt honesty.