South 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.
SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.