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.
Sulphuric Acid used in Uranium Production
Add AVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $67.37K | 4.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 26348902 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 20066801 | 29 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |