This article has some factors to consider.
I've linked it and cut and pasted some relevant quotes below
https://unauthorised investment advice/resources/how-can-the-battery-sector-hedge-against-volatile-vanadium-prices/
If the comment about the Vanadium required for the Dalian Battery ( Likely one of the first of many) is indeed anywhere near that quantity, that would make the total projected production from both AVL and TMT combined akin to peeing in the ocean from a jetty !
That thing is a big hungry behemoth for Vanadium........ you think they are going to stop at one ??
Then also the steel industry which consumes the majority of the Worlds Vanadium already, and is gearing towards requiring much more due to the new re-bar standards .................
This article has some factors to consider.I've linked it and cut...
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