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Ferro-Alloy Resources Limited

Why vanadium flow batteries may be the future of utility-scale energy storage

What is a VFB, and how does it differ from the more ubiquitous lithium-ion battery? To answer these questions and learn more about Invinity Energy Systems, this week I spoke with Invinity’s Chief Commercial Officer and co-founder, Matt Harper and Joe Worthington, the company’s Communications Director.

Vanadium is an element that can commonly exist in four different oxidation states. That just means that it can exist as an ion with different charges. For example, a vanadium ion that is missing three electrons would have a charge of V3+. If you add an electron to it, it converts to a V2+ ion. This transfer of electrons back and forth is what makes VFBs charge and discharge, as the vanadium ions in the battery swing from V2+ to V5+.

Ferro-Alloy Resources Limited (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan.  The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.