“Mines are often high capex, so there are often financial barriers to entry, which discourages new mines opening up,” adds Wendt. “There’s quite a lot of potential product here in Australia, with a number of world-class size vanadium deposits in Western Australia.
“What they really need is off-take and to secure project funding.”
If vanadium supply is to take an alternative route away from steel, progress will be contingent on decisions made in China – the world’s top vanadium producer.
- where are we doing our road shows again???
https://www.mining-technology.com/features/buildings-batteries-time-right-vanadium/
Profit taking, page-60
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