I though I would put something together on the Vanadium price...

I though I would put something together on the Vanadium price and the current situation with BRICS & the USA and TRUMP winning the elections.

Vanadium Price Outlook in the Context of BRICS and Trump's Election Victory

Vanadium prices have been tracking sideways for much of 2024, with a notable technical formation of double bottoms on the chart, suggesting a potential upward breakout in the coming months. The sideways movement could be indicative of consolidation, and the market may be waiting for a catalyst to push prices higher. One such catalyst could be the recent developments on the global stage, particularly the expansion of BRICS and the re-election of Trump as U.S. president.

The board's strategic acquisition of 100% ownership in our vanadium project, capitalizing on the low price environment, has been a shrewd move. With vanadium's price cycle at a low, this acquisition positions the company to benefit significantly from potential future price increases.

BRICS (Brazil, Russia, India, China, and South Africa) has expanded to include several other countries, with many more expressing interest in joining. This bloc represents around 45% of the global population and 16% of global trade. Crucially, four of the largest vanadium producers—China, Russia, South Africa, and Brazil—are all BRICS members, collectively dominating global vanadium production. China alone produced 68,000 metric tons (MT) of vanadium in 2023, making it the largest producer, followed by Russia, South Africa, and Brazil. With BRICS nations playing an increasingly important role in the global economy, this consolidation of vanadium production within the bloc suggests that vanadium prices could see upward pressure, as these countries prioritize cooperation and economic development in the Global South.

Moreover, the geopolitical shifts are having a direct impact on the U.S., which is finding itself sidelined from key global commodity markets. Trump's return to the White House, with his emphasis on tariffs and protectionist policies, could further disrupt global trade. Should Trump impose tariffs on commodities imported from China and other BRICS nations, vanadium prices may spike. The U.S. imports a significant portion of its vanadium, and any restrictions on these imports would likely increase costs for American industries reliant on this metal.

Gold and silver have already shown price increases due to geopolitical uncertainty, and vanadium could follow a similar trend. With the double bottom pattern on vanadium charts and the increasing pressure on the U.S. in the global trade arena, it will be interesting to see how vanadium prices respond in the coming months. The combination of BRICS expansion, Trump's tariffs, and the concentration of vanadium production within BRICS countries all point toward potential upward momentum for vanadium prices.

In summary, BRICS' dominance in vanadium production, along with Trump's protectionist stance, could create a perfect storm for higher vanadium prices. The board's timely acquisition of our vanadium project could prove to be an exceptional decision as the market adjusts to these macroeconomic forces.

TOP FOUR PRODUCERS ALL MEMBERS OF BRICS

1. China. Mine production: 68,000 MT. China was the world's top vanadium-producing country in 2023 with output of 68,000 MT. ...
2. Russia. Mine production: 20,000 MT. ...
3. South Africa. Mine production: 9,100 MT. ...
4. Brazil. Mine production: 6,400 MT.

FOLLOW BRICS FOLLOW THE MONEY
See links below for some interesting reading.

https://www.youtube.com/watch?v=uwAYGdQjzAk

https://www.lowyinstitute.org/the-interpreter/understanding-indonesia-s-decision-eventually-join-brics