AVL 0.00% 1.7¢ australian vanadium limited

Another Australian vanadium junior in the news today … It’s...

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    Another Australian vanadium junior in the news today …
    It’s about a non-binding MOU for offtake:
    “..Australia’s Vanadium Resources said on Thursday it entered into a memorandum of understanding with China’s Panjin Hexiang New Materials Technology to supply 4,000 tons per annum for vanadium pentoxide for an initial five-year term.
    The deal represents a supply of about 37% of Vanadium Resources’ planned annual flake production capacity from the first phase of its Steelpoortdrift and Tweefontein operations in South Africa…”

    …. “The non-binding agreement, which includes an option to extend for another five years, provides a framework for further negotiations on price, product quality and other offtake parameters, the company said…”
    https://www.mining.com/web/vanadium...-deal-with-chinese-vanadium-nitride-producer/
    Last edited by sabine: 12/04/24
 
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