VKA viking mines limited

Potential Vanadium Deficit 2025 onwards

  1. 726 Posts.
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    With the research I have conducted online it points to major increases in the use of Vanadium, due to a greater uptake of VRFB’s.

    This can only be a big positive for VIKING while they are quietly working behind the scenes on the metallurgy of the Vanadium from their CANEGRASS PROJECT.

    Vanadium prices have come off quite a bit for 12-18 months ago, but by the time increased demand kicks in, VKA will be very well placed and one would think price will improve sharply due to the impending deficit. The Canegrass project should be printing money by then. Would love to hear other holders thoughts on this.
    Last edited by Microhunter: 14/10/24
 
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