* promote, page-3

Vanadium getting a flavour of the month feel re publicity?
Here’s an excerpt from the link below ..

cheers

Stock  Head’s latest:

https://tinyurl.com/2bf976wj


Resources Top 5: Junior rockets 100pc on promising Julimar nearology, 3 near term copper and vanadium producers catch a bid
Mining
42 minutes ago | Reuben Adams

….

TECHNOLOGY METALS AUSTRALIA (ASX:TMT)

(Up on no news)

Commodity analysts CRU Group expects global vanadium demand to double over the next decade – from ~110,000tpa in 2022 – largely thanks to growth in the nascent vanadium battery (VRFBs) sector.

One of the frontrunners to enter production is TMT, which is developing the Murchison Technology Metals Project (MTMP) in Western Australia’s Midwest region.
It says the project could produce  6% of the world’s vanadium when it comes online.
The company recently produced high-grade vanadium electrolyte feedstock from the MTMP with its Japanese technology partner, LE System Co.

In April, TMT executed an MoU with fast-growing Indian VRFB maker Delectrik Systems for the potential sale of vanadium raw material from the MTMP as well as supply of vanadium electrolyte by vLYTE to Delectrik within Australia.

An $11.5 million placement at $0.28 per share last month is expected to progress development of the MTMP, including early works.

This will enable the smooth transition into construction once financing has been bedded down, and all permits and approvals have been received.

There are also whispers the company could merge with neighbouring, and equally advanced, project developer Australian Vanadium (ASX:AVL).



The $80m capped stock is down 13% year-to-date.
READ: [Vanadium use in redox flow batteries is on the rise – these are the Aussie stocks with a horse in the race]