(via NewsDirect)
Vollant explained that LPV is a physical holding company focused on purchasing and storing vanadium, a critical metal projected to experience a 173% increase in demand by 2050.
Vanadium is primarily used in steel production and vanadium redox flow batteries (VRFBs). LPV aims to connect investors with the vanadium market and plans to deploy units into VRFBs, with a particular focus on emerging markets like the
LPV's innovative model involves listing vanadium units to VRFB companies, providing investors with yield while reducing costs. The company has ambitious plans for expansion and market penetration, especially in the
As LPV looks ahead to 2024, Vollant expressed excitement about deploying their first units into vanadium redox flow batteries and expanding into new markets, positioning the company for growth and success in the years to come.
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