What do Vanadium and City Chic (ASX:CCX) have in common?
Marc Kennis, March 4, 2022
Stuart Roberts likes them both!
It’s Friday and Stuart Roberts from Stocks Down Under never fails to unearth a fresh opportunity for investors. This time he says vanadium redox flow batteries (VRFBs) are the future of renewable energy storage. There’s a serious deficit in vanadium right now and of course the biggest producers to date are Russia, China and South Africa. Australia also has some of this stuff in the ground and several ASX-listed companies, such as TNG Ltd (ASX:TNG), have a claim on some decent deposits. Who else could step up? Australian Vanadium (ASX:AVL) maybe?
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And a bonus stocktip: Stuart says City Chic (ASX:CCX) is set to bounce once all restrictions are removed as shoppers prefer to try before you buy.
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