Just a snippet from:
http://whiskeyandgunpowder.com/investing-in-vanadium/
Jul 15th, 2008 | By Chris Mayer
Well I did not know that vanadium was used to:
"Ultra high-strength and super-light steels are the plastics of the 21st century. There is high demand for these steels for use in everything from jet engines to rail components. In turn, there is a big push for the quirky metals so critical in making them. And in those quirky metals are good opportunities for investors. One of them is vanadium.
For some industries, such as airlines, finding a more fuel-efficient way to do business is a matter of survival. According to a recent Financial Times article, its triggered a massive jump in the price of obscure and scarce metals that are used to improve the fuel economy of jet engines.
The quest for fuel-efficiency goes beyond just the airlines, of course. It extends to rail cars and automobiles, to power plants and high-speed drilling. Vanadiums primary use: to strengthen steel. Combine it with titanium and you get the best strength-to-weight ratio of any engineered material. That makes it practically irreplaceable in aerospace and other industries. Companies also use vanadium to produce sulfuric acid, and in nuclear power plants. Vanadium also promises new advances in battery technology. Giant vanadium batteries power wind farms and solar power plants." etc
Comment:
Link to nuclear reactors:
So vanadium and Molybdenum by products from PEN uranium mining are used in the new era of Nuclear Reactors expansion.
Also to reduce the weight and increase the strength of Steel to reduce fuel consumption.
Re-read the word By-Product of uranium extraction, so sweet.
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