There is a need for more electric batteries to be produced in line with the growing global demand for electric vehicles (EVs).This has created a surge in demand for battery minerals such as graphite, manganese and vanadium, which are used in the production of these batteries.
Top 4 Vanadium-producing Countries (Updated 2023)China. Mine production: 70,000 MT. China was the world's top vanadium-producing country in 2022 with output of 70,000 MT. ...Russia. Mine production: 17,000 MT. ...South Africa. Mine production: 9,100 MT. ...Brazil. Mine production: 6,200 MT.
What if china go further and stop all exports of critical minerals.
VR8 Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
