Vanadium Energieopslagbedrijf

Why is vanadium important?

Vanadium is critical for Europe’s green transition and strategic autonomy. It is not yet produced in significant volumes in the region, without a reliance on non-European feedstock. Instead of mining for resources, we at Novana recycle industrial side streams into high purity vanadium in Pori, Finland, close to our Nordic supply chain.

How much vanadium is in a litre of electrolyte?

Each litre of vanadium electrolyte will contain 82 g - 92g of vanadium, with the plant using over 1 100 tonnes of vanadium oxide equivalent at full production. It is able to scale up to 32 million litres at the same location. Bushveld Minerals' Belco production plant is one of the company's core assets.

Is vanadium a transition mineral?

As a transition mineral, vanadium enables the creation of two main compounds: Stabilized slag material (SSM) is produced as a byproduct of the recovery process and used as a green cement replacement material. Despite being categorized as a critical mineral by the EU, vanadium is currently not being primarily produced in the region.

How can vanadium be recycled?

Recovering vanadium through circular methods answers to raw material sustainability issues, while supplying a vital mineral for greener steel, alloys and batteries. Our unique closed-loop process ensures that no materials are wasted and that more carbon is captured in the process than released.

Can vanadium be recovered without mining?

Creating a world where nothing is wasted. Where vanadium is recovered without mining, through circular technology. Vanadium is critical for Europe’s green transition and strategic autonomy. It is not yet produced in significant volumes in the region, without a reliance on non-European feedstock.