Australia's largest stock trading and investment forum Australia's #1 stock forum

TMT

Click for more information

0.00%

26.0¢ technology metals australia limited

Vanadium Sector Comes Alive!, page-2

First 2 Last

Share
Profile

Follow
Troydt

3,857 Posts.

1076

02/10/22

14:40

Post #: 63988010
Share
Originally posted by teddie: ↑

In my opinion the last week has been the biggest week for catalysts in the vanadium space that I can remember
The vanadium price is starting to break out in China
Shanghai Electric announces 3GWh of VRB orders ( approximately 15,000 tonnes of vanadium or 13% of last years global V output )
Connection of the worlds largest VRB in Dalian China ( full capacity 200MW/800MWh which will power 200,000 homes and require 4-5,000 tonnes of vanadium
AGL announces $20bn of spending including investing heavily in batteries......plans to build 5.5GW of firming capacity

Given total global output of vanadium was not much more than 100,000 tonnes last year the build up of vanadium demand for batteries is now reaching critical mass/crunch time. In a real tough global market environment there will be in my opinion a flight of money to the critical minerals space and vanadium may just get its "lithium moment".
A great time for significant news Ian!!

Expand

Small correction 3GWH * 9890 = approx 29,000 tonnes (9.89 tonnes per MWH) about 25% based on 2020 numbers
Last edited by Troydt: 02/10/22

TMT Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

4 Great analysis

Reply

There are more pages in this discussion • 81 more messages in this thread...

First 2 Last

Add TMT (ASX) to my watchlist

SPONSORED BY