Investment in Vanadium is predicated on the belief that there will be an increase in demand for V battery storage at the residential, industrial and state levels and that there will be a corresponding increase in price as supply crimps. A simple supply/demand argument. If, as an anticipated, there is an increase in demand then the viability of lower grade deposits increases and become increasing economic eg) iron ore boom 2003-2011
The issue for deposits that are less economic will arise post boom.
Is it worth 4.9 cent a share?, page-12
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