The Vanadium Redox Flow Battery and South Africa’s Export Opportunity

• Mikhail Nikomarov, co-founder
• An energy storage solutions company, part of Bushveld Minerals, a R1.5bil vanadium minerals company, producing ~4% of global vanadium here in SA;
• Exclusively focusing on vanadium redox flow battery technology, including marketing and project development;
• In process of delivering a 450kWh into Eskom’s RT&D facility;
• Objective is to establish a global VRFB supply chain in SA, starting with vanadium electrolyte.

 

Objectives of presentation

• Overview the VRFB technology, including deployment, design, benefits and downsides in battery performance, safety and sustainability and the technology-specific business cases;
• Present an argument for why South Africa is uniquely positioned to benefit in the global success of VRFBs;
• Discuss questions and answers at end of presentation.

 

 

Bushveld Minerals is an AIM listed mineral project development company with a portfolio of vanadium and coal assets in Southern Africa and an investment in tin. The Company’s flagship vanadium platform includes the Mokopane Vanadium Project, the Brits Vanadium Project, and an interest in Bushveld Vametco Alloys (Pty) Ltd primary vanadium mining and processing company. The coal platform comprises the wholly-owned Imaloto Coal Project, which is being developed as one of Madagascar’s leading independent power producers. The Company’s tin interests are held through its shareholding in AIM listed AfriTin Mining Limited.

 

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