I?m very bullish on vanadium13 Feb 2018 23:13
Kick me down if you don�t agree , history repeats itself , back in 2005 vanadium pentoxide got to highs of 45,000usd per tonne , the reason was China , instead of exporting it they consumed it in there new infrastructure,
The main use for vanadium is in rebar, rebar is used in buildings , bridges , to reinforce concrete , China�s government are going inforce a new standard of rebar , basically more vanadium added for greater strength , also there up take on going green with energy storage ,also the slow down in burning fossil fuels for power generation , as this industry as a byproduct of vanadium , so China needs all what it produces , the rest of world is left with with what we produce , but just like China we need more too , vanadium is mined very rarely as the main commodity, so not many mines will produce more , less fossil fuels generating energy , so less vanadium produced as a byproduct , more vanadium will be used in cars , mainly to reduce weight , to make them more efficient , ice engines , ev , hybrid,.
Vanadium use in battery's will drive it even more ,
But WTI as not got a lot lol , you say , are but if say we can produce 400 tonnes a year , and the price goes to all time highs , say 50,000 usd per tonne , 400 x 50000 = 20,000,000 , in revenue per year , ok I�m done , just saying lol