the Balla Balla titanomagnetite operation could render any new or existing primary vanadium operation unprofitable as there will be an enormous new indirect supply of vanadium via steelmaking from the titanomag.
roskil have just forecast a decline in vanadium prices to levels nearer the 20 year average, due to expansions in the industry leading to oversupply. I would not want to be a one trick pony who is relying on just vanadium.