RE: Vanadium Price Today11 Jul 2022 20:08
@Lindon I don't know where your getting your $70 to $75 per kg US FeV price from, don't believe the hype.
Our Fastmarkets US contact priced US FeV last week @$55 per kg.
But as I said in an earlier post with our diverse range of Vanadium products coming out of Vanchem and Vametco with differing production cost's and sales margins, the price of FeV 80% is no longer a profit margin yardstick.
The last RNS did briefly touch on this and hopefully will enlighten us more with actual profit margins on sales of the different products in the next update.