Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
V205 has hit $10.10 per lb, it historically trades at just under 5 times of FeV 80, so expect FeV 80 to hit $50 per kg very soon as all things vanadium are aligned.
Somebody probably enlightened him/her that V205 is only 56% vanadium by mass and BMN report in MTV.
You wouldn't believe the so called experts, industry analysts etc. that don't know that and get very ars3sy when it's pointed out.
Dyor
Careful Maurice,you'll be getting a ban again.
Vanadium Price Today
V205 Vanadium Pentoxide Flake 98% USD / lb
Europe : US$10.10/lb ?(+1.00%)
? ??Ferro Vanadium 80% USD / kg
China : US$45.00/kg (0.00%)
Europe : US$38.75/kg ?(+0.52%)
US FeV 80% $44.75 per kg.
You are correct in your assumption good2behere.
China and most of Asia are still playing catchup with the Western world on the vanadium content in their rebar used for construction and are still some way behind America rebar regulations. ( which have the highest Vanadium content)
China's last enforced increase of vanadium content in rebar caused the 2018 price spike.
Even then some unscrupulous producers tried to circumvent the new regulations by using heat and quence treatment's to try and fool the inspector's, who eventually had to invent an on site test to determine the vanadium content in the rebar
FeV 80% had spiked to $130 per kg and producer's were not playing ball so spot inspection's were common to catch them out.
South Africa are on the cusp of an R18 billion energy boom.
https://twitter.com/BushveldMin_Ltd/status/1625744214322733057?t=-p9VRqB_BlYiaxQ_lFjtbA&s=19
Tha makes European V205 now $10 per lb.
( just for you Capa).
Vanadium Price Today
V205 Vanadium Pentoxide Flake 98% USD / lb
Europe : US$10.00/lb ?(+1.01%)
? ??Ferro Vanadium 80% USD / kg
China : US$45.00/kg ?(+1.12%)
Europe : US$38.55/kg ?(+0.78%)
US FeV 80% $44..75 per kg
US FeV 80% is $44.75.per kg.
There is also the rental factor
Vanadium Price Today
V205 Vanadium Pentoxide Flake 98% USD / lb
Europe : US$9.90/lb ?(+2.06%)
? ??Ferro Vanadium 80% USD / kg
China : US$44.50/kg ?(+1.14%)
Europe : US$38.25/kg ?(+1.32%)
US : $44.75 per kg.
A few fables spring to mind, the little Dutch boy with his finger in the dike and King Canute sitting on the beach.
The vrfb tide is coming in faster than the Morecambe bay tidal race and cannot not be stopped.
Dyor
Vanadium Price Today
V205 Vanadium Pentoxide Flake 98% USD / lb
Europe : US$9.70/lb ?(+1.04%)
? ??Ferro Vanadium 80% USD / kg
China : US$44.00/kg ?(+1.15%)
?Europe : US$37.75/kg (0.00%)
Investing. Com have US FeV 80% at $44. 25 per kg. ( + 0.91%)
https://www.pv-magazine.com/2023/02/07/vanadiums-role-in-a-just-transition/
https://twitter.com/MPInvestments1/status/1623068237679194122?t=Hzo64zhVTdfgbvv3urkkyw&s=19
Currently only 5% recyclable lithium-ion batteries are expected to generate two million metric tons of waste by 2030.
Shard and the Spangles are bucket shop brokers, placings are in their interest to satisfy clients, ignore It won't happen.
RBC are a teir 1 broker.
BMN have no obligation to disclose cash position's in quarter operational updates.
The last interims cash position was very misleading as due to the Durban floodings and logistical problems with sanctions there was millions of dollars of stock in transit at sea. This was pointed out to the BOD and they obviously took notice.
Also why disclose your hand in negotiations when you don't have to.
In the ARC beano blog there was no mention of our 1000 mtv inventory at current prices worth $40 min.
BMN don't do placings.
Looks like it's going to need a Landy with a good strong winch to extract your horny head from out of CC's backside.
Bushveld sell in MTV.. Metric tonnes of vanadium, using FeV 80% as a metric leaves a lot of grey areas but BMN have always used it and we are none the wiser on some of the profit margins of Nitrovan and the diversity of products from Vanchem.
As Vametco produces mainly Nitrovan and Vanchem’s products include FeV 80%, V205 and specialist chemicals.
Here's more on the advantage's of Nitrovan.
https://www.nitrovan.co.za/