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Bushveld’s VRFB value chain to benefit several provinces

10th June 2022

By: Darren Parker

Deputy Editor Online

     

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Vanadium producer Bushveld Minerals’ strategy to establish itself in all stages of the vanadium redox flow batteries (VRFBs) value chain will benefit the local economies of three of South Africa’s provinces, said Bushveld Minerals subsidiary Bushveld Energy business development manager Neo Kgatuke at the Mpumalanga Energy Summit, which was held in eMalahleni, Mpumalanga, on May 25.

The company’s vanadium processing plant, Vanchem, is also located in eMalahleni.

Bushveld Energy is also building a vanadium electrolyte production plant in partnership with State-owned development finance institution the Industrial Development Corporation.

The plant will be the largest of its kind outside of China and is under construction in East London, in the Eastern Cape.

Kgatuke said these plants were sources of jobs and local procurement for their respective local economies.

VRFBs are a necessary part of the just energy transition, providing large-scale energy storage capacity of the type required for the storage of energy when, for example, solar and wind energy fails to generate during periods of no wind or sunshine.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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