Is Vanadium the Next Precious Metal?

Gold

Vanadium Redox Flow Batteries: The Next Big Wave After Lithium Batteries

Summary of the Next Step in Energy Evolution?- Soren K.

Written by John Lee

Global wind energy production has increased eightfold in the last 10 years. Driven largely by climate change initiatives.
The emergence of utility-scale battery storage for energy is happening now, accelerating, and will get bigger in the next two to five years,
Vanadium redox flow batteries (VRB), are ideal for “grid constrained” solar and wind farms that currently struggle to sell their electricity at times of peak production but find other forms of storage are not economical.

Compared to lithium-ion batteries, VRB are non-flammable, environmentally friendly, have estimated lifespans in excess of 10,000 cycles and maintain 90% of their capacity over 20 years thereby lowering the total cost of ownership.

With inevitable mass utility-scale VRB adoption, thus the long-term vanadium price trend looks promising, making for increased interest in miners that produce vanadium metal.

Bio:

John Lee, CFA is an accredited investor with over 2 decades of investing experience in metals and mining equities. Mr. Lee is the Chairman of Prophecy Development Corp (www.prophecydev.com). John Lee is a Rice University graduate with degrees in economics and engineering.