nmt got the timing wrong on this one mid way through last year the price of ferro vanadium was around 140 us per kg so at that price the IRR would have looked really good. But on the flip side any increase in the vanadium price will add to the viability of the project hopefully the prices head north again. At least it makes money with a low vanadium price
nmt got the timing wrong on this one mid way through last year...
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