China 98% V205 $6.30 per pound
Euro 98% V205 per pound $7.30 - $8.57
I would argue the whole vanadium market is losing money at these prices based on all in C3 cash costs.
As for TMT it would all come down to the electrolyte premium forecasted. TMT would be safe just based on my numbers.
The titanium bi product is still very healthy profit margins.
DYOR.
Expecting a big market turn around and tight supply heading towards the end of year.
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