That part about the vanadium price makes no sense to me at all because the V2O5 price is currently at a multi-year low. If that's too high for them, they are in a dream world, because hardly any of the V mines will be making any profit at these low prices, and its very likely no new mines will get finance. This has always worried me about the VRFB space, the fact that the battery makers complain about the high price of the electrolyte, and at the same time the miners are barely able to make a profit. At current record low V prices, I was expecting to see the battery companies getting a boost to their bottom lines, but it is not happening either. Just look at the SP of Invinity (UK) which is near a multi-year low. Yet everyone keeps saying the VRFB market is going to explode soon.
All IMHO, DYOR
That part about the vanadium price makes no sense to me at all...
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