Great news. Not unexpectedly its a Chinese offtaker given China is the biggest market for vanadium. Those companies ( non Chinese) that VRL are discussing possible offtakes better hurry up coz only 25% of planned output is remaining to be secured in an offatke. Especially good to see today's announcement is an offtake from the vanadium redox flow battery sector. My understanding is China is making some huge investments in vanadium batteries for power grids. Good to see. Shame on the rest of the world asleep at the wheel for not implementing this technology on a much wider scale than presently.
VR8 Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
