Hi guys, joined the NMT club a couple of months ago. Very happy with that!
Currently, the Vanadium prices are skyrocketing. Although, the reason for the extreme price increase is very sad, companies producing V will hugely benefit. In my opinion this is only the beginning. Construction in China will increase in the coming months + restrictions against Russia, which produces around 20% of world V, will affect the inelastic V market. Accordingly, it is possible we could see some extreme spike hikes comparable with 2018. Add the increasing demand for vrfbs and we might see elevated prices in the coming years. A huge opportunity for Neometals!!! Can someone help me out?! What is the status of the Vanadium projects? When are we expecting production? Increase of V recovery?
thanks in advance! Best regards from the Netherlands.
