Thing is with vanadium , each coy only has to prove up a resource to 99.5% purity suitable for use as an electrolyte in a VRFB and then be economically viable to produce for each region
Demand and transport will be a key factor in the economics
Purity of the vanadium for use in metal manufacturing is not a key factor , as in the past they have used fly ash , niobium , coal, petroleum as vanadium is a by product in the metal manufacturing industry
Ignore the ' mine is bigger than yours' , the sharemarket has the final say
AVL Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
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