Mineralization at the surface at Apella Resources’ Lac Dore vanadium property in northern Quebec, Canada. Earlier this month, a court battle over mining claims on the property was resolved in Apella’s favor.
The potential for vanadium redox flow batteries (VRFBs) to be “the next big thing” that will enable economical storage of wind and solar energy needs several more years to be proven -- or not. However, that has not deterred a flock of mostly Canadian junior mining companies -- backed by enthusiastic investors -- from exploring for vanadium-bearing ores in Canada, the U.S. and around the world which can be processed into electrolyte for VRFBs.
