Opportunity with Windimurra Vanadium Project which seems in trouble, page-20

$20 milllion would not even pay for the concrete to sit the relocated plant on. Then it would need a spur off the gas pipeline and a supply of gas. 

Windimurra cannot succeed long term when vanadium prices revert to the mean. To provide clean kiln feed, the revovery rates are too low. They increased the recovery of concentrate but then at the cost of impurities, particularly silica. Even the cleanest con they produced had heaps of silica, which results in increased reagent consumption. The landed cost of reagents and, more critically, the cost of gas plus the low head grade and poor recovery makes it one of the highest cost producers. It can only ever be a swing producer.