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Sulphuric Acid used in Uranium Production

  1. Troydt
    4,379 Posts.
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    04/02/24
    12:25
    Post #: 72226836
    https://hotcopper.com.au/data/attachments/5933/5933708-cc8edcea0d0f38b15f8720d54e664ee0.jpg

    The uranium market has a uranium shortfall and also a sulphuric acid shortfall. The main component of sulphuric acid is VANADIUM Pentoxide.

    The uranium market has the same characteristics as vanadium.

    - Depleting mine ore grades and tonnes
    - higher cost of production
    - increasing demand.

    China setting low market vanadium prices squeezing producers out of the market.

    Watch this podcast on uranium and substitute your thinking with vanadium

    https://youtu.be/Zoz6IwUuBUg?si=uc-wkEkM55no0yoj


    Any new market production is coming from AVL and that’s it globally.
    Last edited by Troydt: 04/02/24
    AVL Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 5  Great analysis
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