The lithium ride was a great one. Cobalt, too. All they needed was their Elon Musk moment, which came in the form of the Nevada battery gigafactory. The next Elon Musk moment won’t be about lithium at all—or even cobalt. It will be for an element that takes everything electric to its revolutionary finish line: Vanadium.
The one moment that will change everything … and that moment may be near.
Vanadium is lithium on steroids—wildly bigger and the only way forward from here. We may have already reached the peak of our electric revolution through batteries with lithium.
We need bigger batteries, preferably the size of a football field—or 20.
That’s vanadium—Element 23. The answer to our issue of scale.
“It’s no longer a technological maybe,” says Matt Rhoades, president and CEO of United Battery Metals, a Colorado vanadium explorer sitting on one of the few known sources of the next big battery metal in the entire United States.
Rhoades should know … his company is behind the discovery that hopes to put America definitively on the vanadium map. UBM’s Wray Mesa Project in Colorado has a mineral resource base estimate indicating resource of around 2.7 million pounds of vanadium—not to mention all the uranium they already know is there for additional upside.
“Vanadium is here, and lithium is scared because the $13-billion energy storage market has already found its new poster boy,” Rhoades told Oilprice.com.
China, followed by Russia and South Africa, have the largest reserves of Vanadium, which has become a strategic raw material in electric energy technology
Screenshot of Investingnews.com
The Moment of Truth
Indeed, Rhoades is an expert at timing.
The worldwide battle for vanadium is ramping up …
The Chinese have already had their Elon Musk moment …
The U.S. has none …
And vanadium was the best-performing battery metal last year, beating out even lithium and cobalt.
The truth is that it’s been a long road for vanadium to not only break into the energy storage market, but to actually become the future of the energy storage market.