most important thing in the V market will be cost of production, ESG on processing to secure finance and long term offtakes.
Long term, VRB need a pentoxide price at between USD6.00-7.50/lb to keep the cost of electrolyte feasible.
It then becomes a game of lowest cost production. Largo set and as iron ore price comes off, Chinese production will taper off as they won't be processing V bearing magnetite.
the old salt roast won't cut it with financiers these days
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