RE: Vanadium Prices19 Jul 2023 14:38
Trevor - I'm sick of people like you posting generic crap about providing balance, bla bla bla.
The simple facts are that
1) Bushveld Minerals controls 50% of the primary Vanadium plants outside of china
2) China is demonstrating that >100MWh Vanadium flow batteries are safe and are a major contributor to balancing grids when large scale intermittent renewable generation is added in to the mix
3) Bushveld Minerals has the largest Vanadium electrolyte plant in the southern hemisphere about to come on stream
4) Bushveld Minerals has c. 25% holding in one of the longest established and leading Vanadium Flow Battery manufacturers in the West
5) Bushveld Minerals has a 4MWh PV backed minigrid at Vametco that is about to come on stream, and this has been paid for not with Capex, but by obtaining external funding that is paid off from the energy savings that are made from the use of the free energy that comes from the sun and the unwanted electrical power that Eskom provides in the middle of the night.
If you wish to provide some balance you can start by explaining why all this is somehow valued the same as Ferro-Alloy Resources which has none of the above and only produces about 5% of the Vanadium that BMN produces, and that from recycled catalysts, not from ore they have dug out of their so-called 'mine'