US Department of Energy: “This emerging grid-scale storage technology has great commercial and energy security potential… Unlike lithium-ion batteries, vanadium flow batteries store energy in a non-flammable, liquid electrolyte and do not degrade with cycling. They hold the promise of 10-hour duration storage, tens of thousands of cycles, and even up to 25 years of service life.” March 2022
In North West Queensland, QEM has a globally significant resource with the potential to produce high purity vanadium pentoxide required for this safe, long-lasting battery technology.