Protean Energy Limited (ASX:POW) – Vertically Integrated Vanadium – Electrolyte Development – V-KOR battery technology – South Korea


October 29, 2018
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With an enterprise value of only A$3.22 million (significantly lower than that of peers), the Company is well leveraged to any success in either Daejon or V-KOR. Due to structural changes in the markets and growing demand leading to supply deficits, recent months have seen very strong price rises for vanadium. Despite generally being under the radar, South Korea has a history of mining, with a well developed law and supportive Government agencies.