Global All-Vanadium Redox Flow Batteries Market Size was estimated at USD 168.6 million in 2021 and is projected to reach USD 276.1 million by 2028, exhibiting a CAGR of 7.3% during the forecast period.
Technology Metals Australia Ltd (ASX:TMT) (FRA:TN6) is focused on the development of its Yarrabubba Iron-Vanadium Project this year, with recent test-work confirming an exciting mix of high-quality, high-value products that are highly sought as economies continue to emerge from the economic impacts of the COVID-19 pandemic.
The high-purity, high-grade Yarrabubba iron ore product is attracting significant customer interest, underpinning the development of this lower entry cost project that is complementary to, and expected to reduce funding and implementation risk for, the low cost, long life Gabanintha Vanadium Project.
The project has an ore reserve of 9.4 million tonnes at 45.3% iron and 0.97% vanadium and a mineral resource of 27.7 million tonnes at 38.7% iron and 0.9% vanadium.
Technology Metals Australia Ltd appoints project director to drive Yarrabubba DFS proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.