TMT now has a very large target on its back, page-612

At current vanadium prices, the market is squarely in the hands of China's producers, exactly where they want it. They can produce it far cheaper than in a country like ours, weighed down by EPA and all the other regulatory hoops.

The project is in the middle of nowhere, impacting nothing, and still will take years to get it operating, on top of the years already gone by.