Mustang Energy Share Discussion Threads

[dontay] 07/3/2023 12:06

C-Tech Innovation Ship 2 million Litre Per Annum Vanadium Electrolyte Manufacturing EquipmentOn Friday 17th February our first vanadium electrolyte manufacturing facility of 2023 was dispatched from C-Tech Innovation's site in Chester, UK. The shipment which will produce 2 million litres of finished vanadium electrolyte per year is now making its way over to Vecco Electric Pty Ltd (part of Vecco Group), who work with multiple world leading battery companies. Work started with Vecco in early 2022 to design and build their vanadium electrolyte manufacturing facility. Our proprietary electrochemical process was developed by our very own C-Tech Scientists, scaled up to full plant design by our in-house Engineering Design team and will be installed and commissioned by our Engineers at Vecco's site in Townsville, Queensland. Vecco's electrolyte manufacturing facility will form part of the larger scale 'Debella Critical Minerals Project' in Queensland, Australia, which will produce high purity vanadium for the flow battery market. The mine will ultimately feed the electrolyte manufacturing facility that will provide a secure source of electrolyte for battery storage projects across Australia. Https://www.ctechinnovation.com/vanadium-electrolyte-manufacturing/

[begorrah88] 07/3/2023 11:52

Still not even the slightest sign of any progress.What a shamblesThey might have to call it a day soon as the funds to pay the £100k+ pa that DG is taking for not getting a prospectus out must be running out.

[dontay] 07/3/2023 09:17

REQUEST FOR QUALIFICATION AND PROPOSALS (RFP) UNDER THE BATTERY ENERGY STORAGE CAPACITY BID WINDOW OF THE INDEPENDENTPOWER PRODUCERS PROCUREMENT PROGRAMME Battery Energy StorageIPPPP Tender no: DMRE/028/2022/23IN ACCORDANCE WITH THE MINISTERIAL DETERMINATION AS GAZETTED ON THE 25 SEPTEMBER 2020, THE MINISTER OF MINERAL RESOURCES AND ENERGY, IN CONSULTATION WITH THE NATIONAL ENERGY REGULATOR OF SOUTH AFRICA HAS DETERMINED THAT THE DEPARTMENT IS TO PROCURE 513 MW OF NEW GENERATION CAPACITY FROM ENERGY STORAGE.THE BATTERY ENERGY STORAGE IPP PROCUREMENT PROGRAMME IS BEING DESIGNED BY THE DEPARTMENT IN ORDER TO FULFIL THE MINISTER'S DIRECTIVE.Programme MilestonesESIPPP Programme preliminary milestone dates, subject to change, are as follows:Bid Window 1RFP released in the market 7th March 23Bid Submission 5th July https://www.ipp-storage.co.zaHttps://www.ipp-storage.co.za

[dontay] 03/3/2023 14:54

Battery storage sector prepares for first wave of large-scale project augmentations.March 2, 2023.The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, a representative of Burns & McDonnell told Energy-Storage.news."Most battery storage projects will add or replace battery capacity within the first three to five years as those existing batteries degrade, typically by 5-15% in that period. There are a lot of questions as we hit this first round of augmentations because we really haven't seen augmentations executed in a major way yet," said Jason Barmann, Energy Storage Technology Manager for the engineering, procurement and construction (EPC) firm.Barmann agreed that since the big ramp-up in utility-scale battery storage deployments has been over 2020-2022, the coming few years will be the first big wave of augmentations.Over 2020, 2021 and 2022 the UK deployed 300MWh, 600MWh and 800MWh respectively, each a record-breaking figure, while the US did 9.5GWh and 12GWh in the last two years respectively (UK figures from Solar Media's Market Research team and US figures from the American Clean Power Association)...............Https://www.energy-storage.news/battery-storage-sector-prepares-for-first-wave-of-large-scale-project-augmentations/

[dontay] 02/3/2023 10:45

World needs 'collaborative competition to capture US$4 trillion long-duration opportunity'.March 1, 2023Long-duration energy storage (LDES) was firmly on the agenda and one of the main talking points among attendees at last week's Energy Storage Summit EU in London.As the global transition to renewables-based energy systems picks up speed, so too does the need for energy storage. Balancing the grid at less than 20% penetration of variable sources like solar PV and wind is not considered challenging, but once that threshold is exceeded, it becomes more complicated.Some grids have already passed that mark and are for the most part where the biggest markets for battery storage tend to be found. In those situations, lithium-ion battery energy storage systems (BESS) are being commonly used, with between about an hour and four hours storage duration.However, as Julia Souder, executive director of the Long-duration Energy Storage Council (LDES Council) said in a presentation, once the share of renewables goes to about 60% or above, the need for LDES assets becomes acute.The LDES Council was launched at COP26 in 2021. What Souder said is remarkable about it is that along with numerous LDES technology providers, there are also service providers and large energy off-takers among them – including Google and Microsoft to name just two.Part of the council's role is to "debunk the myth" around LDES – that the technologies involved are not commercial yet. Many of them are, and they just need to scale up, Souder tells Energy-Storage.news in an interview.Another part of its role is to show the world not only how urgent the need for long-duration is and will be, but also that long duration technology, like solar, wind and BESS before it, represents a huge business opportunity.................Https://www.energy-storage.news/world-needs-collaborative-competition-to-capture-us4-trillion-long-duration-opportunity/

[megaman2] 28/2/2023 05:54

This surely must come to a conclusion very soon one way or another .cellcube is broke and needs an urgent capital injection if must can't facilitate that something else will happen . I can't believe a further extension will happen without funds being Injected into cellcube so expecting a conclusion one way or another by end of march . Garnett cellcube are not in position for further delays the relationship must be as bad as ever .

[dontay] 24/2/2023 10:27

It's Technology Metals' time to shine with vanadium demand set to double by 2032.23 FEB 2023With a current market of ~110,000 tonnes in 2022, commodity analysts CRU Group expects vanadium demand to double by 2032, owing more than 90% of this growth to its use in Vanadium Redox Flow Batteries (VRFBs)......................Https://stockhead.com.au/resources/qa-its-technology-metals-time-to-shine-with-vanadium-demand-set-to-double-by-2032/

[dontay] 23/2/2023 13:59

VSUN Energy Tweet. (VSUN Energy is a subsidiary of CellCube's partners - Australian Vanadium (AVL). Https://www.australianvanadium.com.au/12GWh production capacity! Beijing Xingchen New Energy Technology Co., Ltd. and the government of Xiaochang County, Hubei Province will together build an intelligent production base for #vanadium redox flow battery energy storage equipment. The designed annual production capacity is 3GW/12GWh.The first phase of the project will be completed and put into operation in 2023 with a production capacity of 1GW/4GWh. In 2024 the production capacity will be expanded to 2GW/8GWh. In 2025 the production capacity will be fully reached & the production capacity will be 3GW/12GWh#VRFB $AVL

[begorrah88] 22/2/2023 14:19

....& yet DG, with all the experience he bought to the table, is completely unable to put together a prospectus after 22 months of preparation....& remember, we won't hear about the next extension until the end of April because they handily keep building in a 28 day grace period.Those pesky guys at the FCA eh? What are they like?

[dontay] 22/2/2023 11:11

Phenom Provides Relevant New Developments in the Vanadium Space.Tue, February 21, 2023Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to share new relevant developments in the vanadium space.Just in the last week, four offshore vanadium redox flow battery (VRFB) manufacturers have indicated plans to build vanadium battery factories in the USA. A February 13, 2023 article by Energy Storage News reported that Sumitomo Electric from Japan, H2 Ltd. from South Korea and VFlowTech from Singapore will be building battery plants in the U.S. The link to the full article follows: Sumitomo Electric to expand US flow battery business (energy-storage.news). The Company also became aware last week that another South Korean VRFB manufacturing company, Korid Energy also intends to build a plant in the U.S.Paul Cowley, Company President & CEO states, "These sudden multiple expansion plans by these companies speaks of their confidence in the future need of their VRFB globally, and particularly, positioning early in the high growth U.S. large capacity battery market."Paul Cowley, Company President & CEO continues, "To add to that, we have been approached by three vanadium battery manufacturers in the last three weeks seeking off-take agreements with us for the vanadium from our Carlin Vanadium Project. We will consider relationships that benefit the Company at the appropriate time, but the key takeaways are that these companies already foresee a raw materials gap in the domestic battery supply chain for large capacity batteries and to lower their risks, they are going to the source to secure critical mineral supply. This is also currently happening in the EV space where automotive and EV battery companies are establishing relationships with mining companies to secure their key raw materials."Paul Cowley, Company President & CEO states further, "We view these developments as an awaking and realization of the growing vanadium battery market prompted by China's adoption and scaling-up of VRFB projects over the last 5 years, their successful operating performance, and the strong message of support and financial assistance of grants and tax credits being provided by congress for the development of America's battery supply chains."Story continues..........Https://finance.yahoo.com/news/phenom-provides-relevant-developments-vanadium-142500823.html

[dontay] 19/2/2023 15:51

Vanadium Market Update: VRFB Strengthening Assets.Capital 10X highlights vanadium often, we think this a very undervalued commodity tying into the theme of the energy transition. In January, we've seen a continued increase in vanadium prices globally. Vanadium prices increased by approximately 6%, and 29% since September last year.The rise in vanadium prices came on strong news from the vanadium energy storage industry, with a spotlight on China. Several battery and electrolyte projects greater than 100MWh were announced over the past few months; the commissioning of Dalian-based 100MW / 400MWh vanadium redox flow battery (VRFB) system was the major highlight. This is the largest project and the world, and reveals China's keen interest in the roll out of VRFB technology.Each 200MWh of battery capacity is approximately 2,000 mt of V2O5 equivalent or 1% of production. 2023 estimates are as high as 2 GWh of total new VRFB projects, representing approximately 10% of global vanadium production and more than double the total installed capacity since the 1980s. These projections have the potential to transform the vanadium industry.We've made a report about the increasing market potential for vanadium and VRFBs see our video summary:........Https://capital10x.com/vanadium-market-update-vrfb-milestones-strengthening-assets/

[jonny_wright] 17/2/2023 17:17

I hear Mustang energy is a good place to park your cash, won't be able to access it though for a 2/3 years and who knows what the interest rate will be

[megaman2] 17/2/2023 10:11

Will cellcube go bust before this re-lists ? Must be potless now . Could Garnett instigate the shotgun clause and buy enerox for a pittance ...would they want to ? Can see another extension here but can't see how cellcube makes it through without a capital injection . Just guess work but a comparison to invinity says cellcube is already insolvent .

[aimbagger] 17/2/2023 08:04

Nice one Dontay, appreciate your board input whilst we remain in the dark for now.

[dontay] 16/2/2023 16:08

No links available but recent shipping reports are showing things are on the move for CellCube in the states.On 28th January 5 containers of Electrolyte from Enerox Gmbh arrived in Los Angeles for Cellcube, 65,800Kg.Enerox Gmbh of 3 IZ NOE-SUED STRASSE WIENER NEUDORAT and Receiver Cellcube of 1776 S.JACKSON ST. SITE 603 DENVER 80210-3801 CO 80210 US. It was picked up in Wiener Neudorf and shipped from Rotterdam to Los Angeles.(CellCube American operations are based in Denver)There was also an earlier consignment reported in mid January, consisting of 3 containers of electrolyte.

[dontay] 16/2/2023 13:08

The BELCO facility is a cutting-edge energy innovation that optimizes the use of vanadium oxides and Bushveld feedstocks to achieve the lowest possible cost while meeting specific customer electrolyte specifications. #bmn #BELCO #vanadium #VRFBThread......... Https://twitter.com/wikipenny1/status/1626195263445520386?s=20

[dontay] 16/2/2023 11:17

World Bank: South Africa could 'play significant role' in global battery value chain by 2030.The report also highlighted that South Africa's plentiful vanadium reserves give it the potential to develop a strong vanadium redox flow battery (VRFB) value chain. Bushveld Minerals is the main firm active in this space in South Africa, in both upstream and downstream through its ownership of VRFB firm CellCube.A further 260MWh of VRFB production capacity could be developed in the country, CES estimated.See the full report here.February 15, 2023South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.The report – titled South Africa & Southern Africa: Battery Market & Value Chain Assessment Report and written by consultancy Customized Energy Solutions (CES) – mostly focused on the upstream battery value chain for both EVs and the energy storage system (ESS) markets, but covered downstream demand and applications too.It said the country's battery storage market could reach 9,700MWh of demand by 2030 and 10,400MWh including the wider Southern Africa region, in a base case scenario. In the best-case scenario, that demand could reach 15,000MWh for South Africa and 17,000MWh for the wider region. This is a big increase from just a few hundred MWh in 2020.Southern Africa generally refers to the dozen countries that form the southern portion of the continent, with Angola the northernmost.Some 99% of the 2020 demand for battery storage in South Africa came from the behind-the-meter ESS market, including commercial and industrial (C&I), residential and mobile applications. Local companies active in the space today include Maxwell and Spark, Blue Nova, Balancell and Freedom Won.In a base case scenario, by 2030 that demand is set to be split 69:27:4% between behind-the-meter, e-mobility and front-of-meter renewable energy integration being the smallest.As Energy-Storage.news has written extensively, including yesterday, the government in South Africa is procuring significant quantities of grid-scale battery energy storage to support the integration of renewable energy and improve grid resiliency. Grid operator Eskom has struggled to prevent frequent and widespread grid outages.Https://www.energy-storage.news/world-bank-south-africa-could-play-significant-role-in-global-battery-value-chain-by-2030/

[peakyblinderssss] 15/2/2023 11:08

Anybody knows of good small caps to get into?

[dontay] 15/2/2023 09:46

South Africa government to issue RFP for 513MW of battery storage.February 14, 2023The government of South Africa will soon issue a request for proposals (RFP) for 513MW of battery storage.A tweet today from the official account for the ruling African National Congress, ANC Parliament, confirmed that the government would "...issue a request for proposal (RFP), consisting of: 513MW of battery storage by the end of February 2023".Mineral resources minister Gwede Mantashe said the same earlier in the week, adding it will be issued by the Department of Mineral Resources and Energy and will seek the resources from independent power producers (IPPs). The department's website said that grid operator Eskom would be the buyer of the stored energy.The department is launching the RFP through its Independent Power Producer Procurement Programme, sometimes referred to as the IPP Office. The head of that, Bernard Magoro, told media at the end of January that it would seek to procure another 1,200MW of battery storage by the end of 2023.Https://www.energy-storage.news/south-africa-government-to-issue-rfp-for-513mw-of-battery-storage/

[dontay] 15/2/2023 09:20

South Africa on the cusp of an R18 billion energy boom14February 2023South Africa may be poised to be a global hotspot for both the mobile and stationary battery storage markets, reports the World Bank Group.According to its latest flagship report assessing the South African battery market and value chain, the country is on the cusp of a change in terms of demand for batteries.The battery market and value chain could lead to the generation of thousands of jobs in the country and a market revenue estimate of $1 billion (R18 billion) by 2030........Https://businesstech.co.za/news/energy/664607/south-africa-on-the-cusp-of-an-r18-billion-energy-boom/

[megaman2] 13/2/2023 15:15

What's clear and what we know is he has told lies and constantly blamed the FCA for delays when it simply has not been the case. His emails are not to be trusted another aim crooked director .

When will cellcube go into liquidation ? Must be broke by now ? I can't see how it can go past march without more funds .

[begorrah88] 13/2/2023 14:47

A chap on the LSE website has posted that Gallegos has e-mailed back to him saying 'grinding through the FCA process' but Gallegos told him back in May of last year that the proposals were being looked at by the FCA.So either,1) The FCA have now been sitting on this for over 9 months.2) Gallegos is completely out of his depth & unable to understand what the FCA requires.3) Gallegos hasn't even submitted any proposals to the FCA yet & is unable to get any prospectus to a point where it would be fit for submission.I'm pretty confident that it is 3

[jonny_wright] 13/2/2023 12:43

Will we ever relist? This is massively frustrating now

[dontay] 09/2/2023 13:47

You can't kill this battery": DISTRIBUTECH attendees tour San Diego long-duration storage and microgrid project2.7.2023Https://www.power-grid.com/energy-storage/you-cant-kill-this-battery-distributech-attendees-tour-san-diego-long-duration-storage-and-microgrid-project/