This Chinese fear mongering is getting a bit ridiculous. A Chinese company has invested and owns 10% of shares. The company is responsible for approximately 20% off offtake from the first 2 phases of production. China is by far the biggest consumer of vanadium for steel and VRFB’s. I would be very surprised if there was no investment from a Chinese company in one of the biggest highest grade vanadium deposits in the world. Australia’s exports and Chinese investment in Australian mining is well above 10-20%. The majority of the world’s vanadium will end up in the same place as iron ore and lithium. VR8 can fill that demand
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Financing the mining lifecycle: Vanadium Resources (ASX:VR8) powers beyond feasibility studies, page-33
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