Vanadium could be the next lithium for big battery tech

Battery Industry

Big batteries across Australia could one day be powered by a little-known element called vanadium and manufactured onshore, an industry leader says. The silvery-grey metal is the latest “pit to grid” sensation for electricity system operators, although most people have never heard of it.

“Seven years ago lithium was in the same spot,” Australian Vanadium CEO Graham Arvidson believes that vanadium has the potential to be the next big thing in energy storage. Australia is home to almost one-third (or 31 per cent) of the world’s vanadium, according to Geoscience Australia, but none of it is mined.

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