We would love to hear your thoughts about our site and services, please take our survey here.
36,000Kg of Vanadium Pentoxide from Vanchem has been cleared through US customs New York for delivery in the Bahamas at the end of the month.
This is in addition to 10000Kg that departed Vanchem in June and took a very tortuous route to be delivered in Houston on the 6th of August.
GLA, Pal
https://www.lse.co.uk/rns/MUST/acquisition-of-274-in-vrfb-holdings-limited-9b8lg7u5o0u9t8j.html
I have disconnected from the V price debate as there are various hotly supported figures which has been the cause of some debate. What I can clear up is that the figure for US deliveries in July was 264893Kg of Nitrovan (not Vanadium). Still a good figure though so GL all. Pal
@Paul150: This one is very interesting. Since the vessel concerned is mid Atlantic today I can only assume that the US, like many Countries has a required strategic reserve figure. It would explain why a cargo that is not arriving until the 9th of July is declared before the end of the month. At the last podcast it was explained that stockpiled quantities included freight in transit which I found interesting as it would mean that sales are completed on arrival. This delivery will be logged but assigned to it's delivery date. Thanks and GLA.
President Biden today issued presidential determinations providing the U.S. Department of Energy (DOE) with the authority to utilize the Defense Production Act (DPA) to accelerate domestic production of five key energy technologies: (1) solar; (2) transformers and electric grid components; (3) heat pumps; (4) insulation; and (5) electrolyzers, fuel cells, and platinum group metals. The DPA determinations are part of the Biden-Harris Administration’s plan to lower energy costs for families, strengthen national security, and achieve lasting American energy independence that reduces demand for fossil fuels and bolsters our clean energy economy.
Not sure what the discussion on containers is all about but deliveries to Baltimore are in 20ft containers and over the past year the maximum load as been 20,000Kg net. The average of 134 containers over the past 12 months is 19062Kg net.
I have the container Reg numbers logged but can't be rrrsd to go into that.
Hope that helps someone calculate how much profit their £100 of shares might make.
@elliot846: All good points and you are correct that it matters little to the overall costs to the market. To steady the nerves of those now worrying about the introduction of demmurage, in the 5 years that I have been following them I have not found a single demurrage charge levied against a Nitrovan container.
Sit back everyone and enjoy the ride, VRFB is the real news.