VANADIUM BATTERIES
Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share centre stage with other energy-storage components such as lithium and cobalt.
“When we get that moment, we’re off to the races,” Vincent Algar, MD of Australian Vanadium, said in an interview at a mining conference in Hong Kong. The industry needs a Tesla or Panasonic to say “we like vanadium-flow batteries and we want to make them in addition to lithium-ion batteries,” he said.
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