Sparton Resources (TSE:SRI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.