Investor Intel reported that vanadium demand will continue to strengthen due to demand for higher strength steel from the steel industry, as well as incremental new demand from Vanadium Redox Flow Batteries.
VRFBs have unique characteristics that make them ideal in the energy storage space. A VRFB typically is charged using renewable energy such as wind turbines or solar panels. The VRFB has several unique characteristics that give them an advantage for large scale commercial energy storage.
Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, focusing on the reprocessing of historical mine waste and surface materials. Their projects in South Africa include the Hernic Platinum Project, DCM Platinum & Chrome Project and the PlatCro Platinum Project.