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market news

American Vanadium’s Plan for Utility-Scale Energy Storage

Investing News Network
Aug. 19, 2011 12:27PM PST
Battery Metals Investing

ieee Spectrum reported on the production and use of vanadium in flow cell batteries.

ieee Spectrum reported on the production and use of vanadium in flow cell batteries.

The market news is quoted as saying:

Since [vanadium] reduces the amount of steel and iron ore needed by about 30 percent, it can be called a green metal. The booming emergent market economies from Argentina and Mexico to Turkey, India and China can’t get too much of it; as for the United States, it gets almost of its vanadium from Venezuela, perhaps not the most desirable or reliable supplier.

To read the full market news, click here.

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