There are plenty of credible forecasts for exponential demand growth for vanadium over the next decade or two. By 2030 less than half the demand will be for steel making, although still a higher number of tons than today.
We are talking about 25 year LOM operations here, not what is needed in the next few years.
China has just banned ternary lithium and sodium sulphur for stationary storage.
Vanadium time is arriving, and I'm very comfortable with the risk/reward profile of a vertically integrated company like AVL. The BFS was for vanadium pentoxide production with coproduct. The reality will likely see a high proportion of vanadium electrolyte sales rather than V2O5 over the LOM for AVL/VSun, IMHO.
DYOR.
AVL Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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