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Energy & Capital reported on the increasing importance of vanadium in battery technology.
Energy & Capital reported on the increasing importance of vanadium in battery technology.
The market news is quoted as saying:
Japan’s GS Yuasa (XETRA: G9y), who sells $3.4 billion worth of batteries annually, is already developing a vanadium battery, saying, “The addition of vanadium not only improves the performance output by 20% and the safety of the batteries; but also potentially lowers their costs compared with a battery using lithium iron phosphate.”