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Business Insider reported an interview with analyst Jonathan Lee on the vanadium sector.
Business Insider reported an interview with analyst Jonathan Lee on the vanadium sector.
As quoted in the market news:
People are contemplating using the vanadium redox battery as a portion of power grid storage. Whether or not that takes hold is yet to be decided, but one distinct advantage is its long life, given that vanadium is on the anode and cathode side of the battery. It is a fairly unique technology, and if it could be commercialized on a larger scale it would definitely increase demand for vanadium significantly.
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