Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
They own half of Vanchem not our 100% owned Vametco.
Think the constrains will be put on Vanchem which isn't profit making yet any.
OK CC unblocked
Information about Southern Point Resources
https://twitter.com/firekat123/status/1745886807361790172?t=Xtyx6yGjv29wm3q8DNFw5A&s=19
Tom winnipoo is doing a number on us again
We hear that there will be a new Chinese standard for rebar-making next March (there will be more vanadium nitrogen used in the rebar-making process, which means there will be more demand for vanadium pentoxide), which has boosted confidence. BUT: pre-stocking before Spring Festival?........from Andrea Hotter.
Big rises across the board overnight on Asian Metals.
https://www.asianmetal.com/Vanadium/
FerroAlloyNet is going to hold the 17th International Vanadium Products Summit on 25-27 March, 2024 in Kunming, Yunnan, China. We sincerely invite you to meet some vanadium companies and learn what happened in China.
In recent years, with the high-quality development of steel and the prosperity of the vanadium battery industry, the Chinese vanadium industry has made great progress. Although the vanadium market was in an imbalance between supply and demand in 2023, the prices of various vanadium products fell cyclically. However, the policy of "stabilizing real estate + expanding infrastructure" continues to be implemented, and the price of rebar begins to recover upward at the end of the year, coupled with the continued increase in demand for vanadium batteries, the vanadium market also ended its sustained downward trend and bottomed out at the end of the year. Looking forward to 2024, the "14th Five-Year Plan" has begun, and the production of high-strength rebars and higher-performance steel in China's steel field has increased. As well as the gradual improvement of the power market, the energy storage supply chain supporting facilities and business models have become increasingly mature, and new storage can enter the fast lane of development. The weakness of real estate demand and the increase in vanadium extraction production capacity may be difficult to improve in the short term. However, the demand from downstream vanadium is also gradually increasing, and the development of the vanadium market still presents both opportunities and challenges. Entering a new stage of development, will the focus of the vanadium industry shift? What problems are yet to be solved in the current market?
FerroAlloyNet
FFS Maurice everyone obviously except you knows that piggy is a die hard Fulham fan.
Woy left Fulhham in 2010.
Best stick to what you know, which obviously isn't football.
Https://twitter.com/FlowBatteriesEU/status/1743256853016883674?t=P8nJDLB0yx7ckgwMVJe-8A&s=19
Yesterday European Fev was $27...$29 per kg
US Fev was 12.50...13.25 per lb
Source was Fastmarkets
SP is all over the place, someone is trying very hard to keep a lid on it.
The article comes under the business wrap for 2023, but I was none the wiser that he had been culled
Weird that it's only appeared in today's Daily Maverick.
Now this is good news
https://www.dailymaverick.co.za/article/2023-05-26-ramaphosa-transfers-responsibility-for-new-power-generation-to-ramokgopa-pulling-plug-on-mantashe/?utm_source=Sailthru
Https://twitter.com/firekat123/status/1742524411339534469?t=4g2eIf3VABzQVDkLQvQe8Q&s=19
Just saying like.
When Vanadium prices rise it can be up to a dollar per kg per day.
Might not happen again but the duck's are aligning and you never know.
Vanadium market news
On December 14, Fastmarkets reported (emphasis added):
The US House of Representatives Select Committee on Strategic Competition between the US and Chinese Communist Party recommended congress to authorize the creation of a critical mineral “Resilient Resource Reserve,” it said in a report with around 150 policy recommendations published on Tuesday December 12. The adoption of such a reserve is intended to “insulate American producers from price volatility and (the People’s Republic of China’s) weaponization of its dominance in critical mineral supply chains,” according to the report. Such a reserve would be used to sustain the price of a critical mineral when prices fall below a certain threshold and would be replenished through contribution from companies when prices are “significantly” higher, the report stated. The fund would target critical metals where there is high price volatility, low US domestic production and import dependence on China. Cobalt, manganese, light and heavy rare earths, vanadium, gallium, graphite, germanium and boron are critical minerals that fall under that category, according to the report.
Note: Bold emphasis by the author.
On December 14, Investing News Network reported:
Vanadium Market Forecast: Top trends that will affect vanadium in 2024... CRU expects to see lower Chinese crude steel production being more than made up for by global production outside of China. “This increase year-over-year will support vanadium demand, though much crude steel production gains will be seen in markets with traditionally lower vanadium intensity, though intensity will rise through the forecast to 2030 in these markets,” Thomas noted. Project Blue also believes that the downside to demand will be very limited...While Project Blue doesn’t see much demand upside coming from Europe, the market may experience an uptick in Chinese demand as early as Q1 2024, spurred on by a rebound ahead of the Spring construction sector. This would prove price supportive, the analyst team explained. “Vanadium inventories are currently low and any demand recovery could also trigger some restocking,” they said. "(However,) this largely depends on the effectiveness of any Chinese economic stimulus measures”...According to CRU research, demand growth for vanadium over the next decade will largely be driven by the rising installation of VRFBs. For its part, Project Blue relays that much of the VRFB capacity installed globally in 2023 happened in China, and that trend is expected to continue in 2024. The Chinese government is highly supportive of VRFB technology for long-duration energy storage.
Vanadium prices don't usually strategy to pick up until after Chinese New year.
So this latest chart is very encouraging.
https://twitter.com/firekat123/status/1740677090318700642?t=0BkafOFYYHztJ4d8O_PIjQ&s=19
CC said in his recent podcast that if Fev prices hit $40 per kg we would be printing money.
In 2017/ 2028 Fev hit $125 per kg ......Having tracked V prices for over 10 years now I know how fast things move..
Energy storage IE VRFB'S weren't even in the equation then..
BMN atm is fully financed for the the next 24 months and if everything plays out historically cycilcaly than there is much more upside to the downside.