What im still hanging on to it that all the trial and test pilot work previously undertaken should remain available to build on in the future.
Also, when i reviewed the vanadium production figures over the last few years i noted that (numbers are from recall only) 110,000 MTs produced, 70,000 from China, 17,000 from Russia, 8,000 Brasil, Largo, and the balance from South Africa 8,000 of which was Bushveld. Most is likely to be from carbon reduction processing or as a bi product of steel manufacture from carbon reduction processing. Very little is likely from titanomagnetite resources and of course none utilize a refinery process that extract all 3 minerals.
If im right there is a huge place for TIVAN roll out and royalty flows back to TVN.
2030 is closing in, Euro Economic Community will tax the ass off any imported steel that is manufactured by carbon reduction processing.
Demand for Vanadium is set to grow expodentially, titanomagnetite resources and TIVAN could fit into this equation with SMS rolling out plants in South Africa etc.
TVN Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
