The recent construction of the 100MW battery in South Australia has shown that the era of mass energy storage has arrived. Whilst the Tesla battery in Australia has been built using lithium-ion technology, a different type of battery – the Vanadium Redox Flow battery – potentially offers superior performance at scale.
The emergence of vanadium batteries could drive an increase in vanadium prices, pushing up costs for consumers such as the specialty steel sector.
We would be delighted if you could join us at our next Financial Markets Webinar where we will be discussing the possible implications of movements in the vanadium price and how this might impact demand for vanadium and substitutes such as niobium in the manufacture of specialty steel products.
Register for the 9.00am GMT webinar
Register for the 3.00pm GMT webinar
Chinese imports of stainless steel hot-rolled coil surge as Tsingshan’s Indonesian facility continues to ramp up strongly.