INVESTOR & INDUSTRY ENGAGEMENT

A manufacturing opportunity. An evidence-led path.

BSSF targets a cost within the battery manufacturing process. The commercial ambition is to supply enabling technology to compatible manufacturers, subject to qualification.

MANUFACTURING ECONOMICS · COMPANY MODEL

The opportunity,
with its assumptions visible.

ILLUSTRATIVE MANUFACTURER SCENARIO

What changes at factory scale?

Explore the model’s arithmetic. These assumptions describe electrolyte process costs, not the cost of a complete battery.

MODELLED ANNUAL DIFFERENCE · PER FACTORYA$2.19billion
Reference costA$31.90/kWhModelled differenceA$21.90/kWh

Potential manufacturer value before integration and other excluded costs. This is not Howe Invest revenue or a measured saving.

Currency provenance: this calculator retains the founder-pitch AUD scenario. The detailed Economic Roadmap v3 uses USD for its cost model. No exchange-rate conversion or equivalence between these two scenarios is implied; the benchmark requires currency reconciliation before investment use.

Read the calculation and limitations

Annual difference = (reference cost − assumed process cost) × annual GWh × 1,000,000 kWh/GWh. The reference scenario is (A$31.90 − A$10.00) × 100,000,000 = A$2.19 billion per year per factory, rounded to A$2.2 billion in the founder pitch.

This is an illustrative electrolyte manufacturing scenario, not a market-wide benchmark, forecast, company valuation or measured saving. It assumes equivalent usable output and successful technical validation. Yield, throughput, equipment, qualification, supply terms and adoption can materially change outcomes. Financing, tax, integration and timing effects are excluded. Linear scaling is illustrative and does not model scale efficiencies or constraints.

AUSTRALIAN STORAGE ECONOMICS · EXTERNAL SOURCES

What does a MWh
of storage cost?

Project capital cost per MWh of storage capacity is different from the price of electricity delivered, and from a factory’s cell manufacturing cost.

Australian project cost context

Selected four-hour projects · A$ thousands per MWh of storage capacity

Tomago 1 · NSW380Eraring 2 · NSW445Stanwell · QLD591Kwinana 2 · WA762Collie stage 1 · WA800
View values and scope
ERA March 2026 compilation, Table 20
ProjectA$/MWh
Tomago 1 · NSW380,000
Eraring 2 · NSW445,000
Stanwell · QLD591,000
Kwinana 2 · WA762,000
Collie stage 1 · WA800,000

Projects have different dates, locations and cost boundaries; these are selected reported estimates, not a national average or manufacturing quotations. Construction dates in the source range from 2023 to pending.

Source: ERA final determination, 13 March 2026, Table 20, pp. 56–57. Unit conversion: A$/kWh × 1,000 = A$/MWh.

WA REGULATORY BENCHMARK

A defined reference case.

A$521,000per MWh of storage capacity · rounded

ERA’s six-hour, 200 MW / 1,200 MWh benchmark uses approximately A$625.6 million capital cost for the 2028/29 capacity year. It is a modelled project benchmark, not a BSSF manufacturing price.

Western Power contributes transmission connection estimates to the ERA assessment. The battery cost estimate is not a Western Power electrolyte manufacturing breakdown.

Read the ERA assessment ↗

Capital costs include forecast escalation. This is not an electricity tariff, lifetime cost per MWh delivered, or the separate capacity payment expressed in $/MW/year.

TRACING THE 40–50% FIGURE

Electrolyte economics depend on the battery chemistry.

Potential VFB capital shifted to electrolyte leasing0%40%50%100%

Range illustration, not a measured BSSF cost breakdown. Leasing shifts expenditure over time; it does not remove the electrolyte cost.

Australian Vanadium’s April 2026 presentation describes electrolyte leasing potentially moving 40–50% of vanadium-flow battery upfront capital into operating expenditure. It cites World Bank work and places an ERA cost reference alongside its own VFB estimates.

This is a plausible source behind the summit discussion, not a confirmed attribution to Western Power. It does not establish that electrolyte is 40–50% of lithium-ion or BSSF manufacturing cost.

Australian Vanadium presentation, slides 9–10 & 18 · Underlying World Bank report

COMMERCIAL DEVELOPMENT

Start with integration.
Grow through qualification.

01 · INITIAL ENTRY

Manufacturer evaluation

Seek controlled evaluation of the enabling peptide and compatible material systems after sufficient experimental evidence.

02 · ENGINEERING

Pilot & qualification

Establish repeatability, customer-specific requirements, representative layers and process-transfer evidence.

03 · POTENTIAL MODELS

Supply & licensing

Explore repeat supply, licensing or agreed strategic structures. No completed licensing or customer revenue is claimed.

PRIORITY APPLICATIONS

Energy where
reliability matters.

01

Mining & remote power

Potential stationary storage applications in demanding operating environments.

02

Data centres & edge compute

Exploring future fit for resilient power infrastructure and energy continuity.

03

Grid-scale storage

A prospective application for energy storage and grid firming, subject to qualification.

Application priorities are prospective markets, not validated product capabilities or customer commitments.

THE NEXT DEVELOPMENT STAGE

Capital that advances
the evidence.

The October 2026 founder pitch outlines an A$2.5 million strategic seed funding objective.

Proposed uses include independent research, pilot engineering, material supply and manufacturing trials. Current availability, terms and scope are provided directly through investor discussions.

Discuss investor engagement

Historical funding objective, not confirmation of an open offer. This website is company information and does not offer securities or promise returns.

RESEARCH. INDUSTRY. POSSIBILITY.

Explore the opportunity with us.

Start a conversation