Rare Earth Stocks Soaring as China Weaponizes Supply. Analysts expect Vanadium to be the next big winner.Bank of Montreal has recently come out with a bullish vanadium research report.
Highlights:
- Vanadium is used in aerospace, military defense, large-scale energy storage, and steel-strengthening agents.
- China controls 60% of the global vanadium supply.
- US imports 100% of its vanadium.
- China’s vanadium supply is insufficient to meet its own domestic demand.
- With global demand vastly out-stripping supply, the fundamentals are bullish for vanadium in both the short and long terms.
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