Just like the last three over the years, i highly recommend reading this years presentation of the Vanitec meeting... thanks to Bushvelds for the write up.
https://www.thebushveldperspective....vanitec-4th-energy-storage-meeting-part-1-274
a snippet:
'By themselves the new Chinese rebar regulations give an increased annual requirement of between 16,500 and 24,300 more tonnes of Vanadium. Taken together with the general increasing market penetration of high strength low alloy (HSLA) steels leads Terry to the prediction, repeated at the IFBF, that by 2025 Vanadium consumption will hit 133,000 tpa V even without any increase due to VRFB energy storage projects.
This figure is an incredible 45,000 tonnes greater than today and would require 2 new plants the size of Bushveld's Vametco to come on stream each and every year for the next 7 years.'
Vanadium news, page-2802
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