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Strong likelihood diesel car started the blaze.
https://www.independent.co.uk/news/uk/home-news/luton-airport-car-park-cause-b2427767.html
Including a blink-and-you-miss-it mention of Cellcube
https://m.youtube.com/watch?v=XZ4GlcVCU6E
"ianous" on A D V N picked up on my post - I thought it was worth copying his post here.
I saw a post on the LSE BMN board about the EU banning PFAS in flow batteries www.energystoragejournal.com/new-eu-chemicals-ban-bid-threat-to-flow-batteries/so i sent an email to Invinity asking them for comment.
They replied within 15mins (which is always positive) - response copied below.
Thanks for the note. Our teams are well across it and we are monitoring this and other developments closely as you can imagine.
Our stack contains a lot of our IP and as such we do not comment on what materials it contains, so I cant directly answer your question and I hope you can understand why! That said, we do not currently see this as a particular issue for us at the current time.
I’ll also note that we’ve sold a fair few batteries into the EU to date in France, Belgium, Hungary and Bulgaria so it follows that our customers are not particularly concerned either!
Cont'd
“There are already ECHA recommendations that would threaten investment in the lead battery industry — which is still a vital component for Europe’s e-mobility and clean energy agenda — and now the agency has turned its beady eyes to flow batteries.”
* achieved
This could affect the value achievemed from the sale of Cellcube if a redesign of the MEA is required.
https://www.energystoragejournal.com/new-eu-chemicals-ban-bid-threat-to-flow-batteries/
Energy Storage Journal
0
NEW EU CHEMICALS BAN BID THREAT TO FLOW BATTERIES
September 27, 2023: A proposed EU ban on a group of chemicals key to the development of certain flow batteries could deal a devasting blow to the sector, industry leaders told Energy Storage Journal yesterday.
The European Chemicals Agency (ECHA) is recommending restricting the use of per- and poly-fluoroalkyl substances (PFAS), citing concerns over the environment and public health.
Fluoropolymers are one of PFAS category present in certain flow batteries’ ionomer and ion exchange membranes — in addition to flow battery stack components and accompanying subsystems.
Flow Batteries Europe (FBE) policy officer Beata Viršumirska told ESJ a ban on fluoropolymer-containing parts could threaten the production and widespread adoption of competitive technology.
This would “hinder the seamless incorporation of renewable energy into the grid”.
In turn, this could delay the EU achieving the bloc’s climate change goals, Viršumirska said.
An FBE position paper* on the issue released this month warns an outright and immediate ban on fluoropolymers would have a significant socio-economic impact on the EU and could cause innovative technology companies to leave the European market or shift focus from some flow battery technologies.
One major repercussion would be the increased operational expenditure, as replacing PFAS-based parts with alternative solutions is expected to incur additional costs, estimated to be in the range of at least 10%.
The paper says these higher expenses could potentially trickle down to consumers, affecting energy storage system prices and overall market competitiveness.
FBE says flow battery companies, universities, and R&D centers are already exploring alternative solutions. For instance, certain organic flow batteries are entirely PFAS-free, and iron-chromium-based flow batteries are actively exploring alternatives.
However, FBE says market-ready flow batteries rely on components with fluoropolymers.
FBE is now calling on the ECHA to exempt fluoropolymers from any PFAS ban, saying they are not classified as hazardous under the EU’s Classification, Labelling and Packaging Regulation and play a crucial role in ensuring the stability, performance and safety of market-available flow batteries, that are among the technologies driving the EU’s ambitious climate goals.
If the ban goes ahead, FBE is calling for a 13.5-year exemption period for the flow battery sector to allow for further R&D and testing of fluoropolymer alternatives.
One energy industry commentator told ESJ the ECHA often appears to be working against the EU’s transition to climate friendly technologies.
LTH?
"LTH are massively underwater"?
Refered to Google - now it makes sense.
https://www.lthuk.co.uk/
"unusual" spelling of Guernsey in the RNS!
Hat-trick!
Mustang have stated in 2 RNS's that they are negotiating a revived deal with BMN and Acacia, does the lack of any denial by BMN signify that they are indeed in negotiations?
Razor, Prompted by your post I found this
https://www.tradingview.com/markets/stocks-united-kingdom/market-movers-oversold/
Of interest perhaps (despite including some very low cap stocks eg. AST DEMG etc) they don't appear to consider BMN oversold!
Closed on Mondays :-(
https://www.prickly-pear.com/
AimWolf - Heres an "s" I've cherry picked for you.
Is that an accusation of insider trading?
Maybe a business whose most notable associated asset is South Africa's 6th largest thermal coal mining and trading company which owns and operates seven coal mines producing, trading, and selling over 10 million tons of coal per annum would be interested in Lemur?
Precisely. Time will tell...
Why so cryptic in today's RNS?
" An equity investment by Southern Point Resources of ~US$12.5 million into the Company, at the same equity price as Orion Mine Finance ("Orion")."
Another bit of fun.
Anyone fancy a guess as to the revised strike price of SPR/Orion new equity!
Shell collaboration with AMG and ARAMCO (Vanadium reclamation and hybrid LiVa batteries)
https://www.globenewswire.com/news-release/2022/07/05/2473930/0/en/Shell-AMG-Recycling-B-V-and-the-United-Company-for-Industry-Announce-an-Agreement-with-Aramco-to-Construct-and-Operate-a-World-Class-Metals-Supercenter-Complex-in-Saudi-Arabia.html
Article with Alex Schönfeldt from a couple of weeks ago (apologies if it has already been posted and I missed it).
https://www.bestmag.co.uk/a-growing-understanding-of-how-the-flow-battery-industry-needs-to-change/
Some interesting comments re standardisation of electrolyte and upcoming funding amongst others.
I believe the only interest outstanding is the dormant VERL (saved from Compulsory strike-off action in late July).
It's interesting the article is up to date re Voith collaboration but not with the current CEO of Cellcube.