Let us analyse your streams for potential recovery
of critical metals.
Let us analyse your streams for potential recovery
of critical metals.
Europe aims to run its economy on 85% renewable energy by 2050. To achieve this, we need large-scale energy storage systems. The vanadium redox flow battery (VRFB) offers +20,000 cycles, is intrinsically safe, and easy to recycle - making it critical to the energy transition. With VRFBs expected to cover at least 2.5% of storage needs, this will require 170 GWh of capacity to be developed. In addition, the new Battery Regulations stipulate critical metal recovery targets of up to 90% by 2027. We will contribute towards these goals by producing a battery grade vanadium electrolyte made entirely form waste and residual streams available in Europe.
Vanadium consumption is set to double by 2031.
Primary producers of vanadium globally are China, Russia, South Africa and Brazil.
Metric Tons. Current market size, primarily produced as a byproduct of steel-making.
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