RE:RE:RE:RE:RE:RE:I invested in the top vanadium mineTheturk12 wrote:
This VionX deal just gets Largo into the final product end of things.
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Before we can sell the final product we have to manifacture / assemble it. I wonder who will do the assembly of the VRFBs for us.
Theturk12 wrote:
This VionX deal just gets Largo into the final product end of things but there is no reason why Largo cannot supply other vanadium flow battery manufacturers such as Vanadium/Cenelest with the vanadium electrolyte on a leased basis.
Largo is in an enviable position as the world's largest supplier of high purity vanadium and/or vanadium electrolyte.
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I agree. Bushveld will be doing the renting/leasing also.
From Bushweld Energy websire:
Renting (or leasing) vanadium electrolyte, a new product under development. Whereas historically VRFBs have been purchased with the vanadium electrolyte, rental/ leasing would allow Bushveld Energy, or a special purpose company, to retain ownership of electrolyte and rent it to the VRFB users or buyers. VRFB technology is unique because of the non-degradation of the electrolyte chemistry and the relative ease of extracting vanadium from the electrolyte at the end of the VRFB’s operating life. In addition to smoothing vanadium price peaks, electrolyte rental permits a long-term pricing model that reduces the upfront capital cost of a VRFB to make it one of the most commercially competitive energy storage technologies available;