PMA's annual report claims they have the largest proven vanadium ore reserve of any deposit in the world.
I don't understand how the reporting system allows this.
PMA have reported 50.4 million tonnes at 0.489%
Yet I have just seen a "JORC" statement from Anglo American which claims that Highveld has a Proven Reserve of
21.9 million tonnes at 1.68%.
Isn't there more vanadium in Highveld reserve, by a large margin?
I smell a Cudeco in the making.
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