So Techmet was only founded in 2017 by some of those head honchos at US Vanadium.. and as well as setting up US Vanadium they have established a few other new energy ventures;
According to this 07/12/23 news item [ref] Techmet … “founded in 2017, is an investment company focused on building businesses across the critical metals value chain, from extraction and processing to recycling and supply-chain management.”..
Seems to be doing OK so far?
And the US Vanadium offshoot is too.
Here’s an image harking back to when Mark Smith, previously President and CEO of Largo (since 2014) was appointed chairman just a few months after US Vanadium (which he had largely funded) was formed in August 2019 to purchase the previously Russian-owned Hot Springs plant for an undisclosed amount [ref].
(You’ll note that our director, Daniel Harris was already there because I underlined that bit in red)
https://usvanadium.com/board-chairman-us-vanadium/
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While I’m here I’ll again post the link to the MOU that AVL has had with USV since 02/12/2020
[Cornerstone MOU to advance AVL’s US Sales Strategy].
It seems that Techmet and US Vanadium and - through them- Australian Vanadium and the US government have some strong networking potential in both the US defence funding area (through Techmet) and the new US critical minerals energy office?
Here’s a link reminding of that official US visit (including breakfast with our CEO) just two weeks ago;
https://cciwa.com/business-pulse/us-will-remain-australias-biggest-investor-says-diplomat/
… And maybe this all adds up to a whimper and not a bang, but it’s fun drawing lines and speculating on ‘what if’ and it would be happy days for investors here if the US wants substantial ‘dibs’ on Australian Vanadium.
cheers
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