Sparton Resources (TSE:SRI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sparton Resources announced that the US Department of Energy endorses flow batteries as the most economical and efficient option for large-scale energy storage. With a 9.975% stake in VRB Energy Inc., Sparton highlights the safety and cost-effectiveness of flow batteries, which are now as low as $0.06/kWh, nearing the DOE’s target of $0.05/kWh.
For further insights into TSE:SRI stock, check out TipRanks’ Stock Analysis page.