HDY 0.00% 0.4¢ hardey resources limited

Ann: Extended mineralised vein at Nelly Vanadium Mine, page-21

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  1. 168 Posts.
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    Too True, the macroeconomic issues are always present. Musk ... well he is all for storage utilising lithium in his power walls. However, Vanadium flow batteries have a 30 odd year lifespan and negligible fire risk. Chinese are currently building the worlds biggest flow battery - I think in Dalian. This is outside the mainstream vanadium use of strengthening steel. Also the Chinese have introduced limiting regulations around vanadium production in China.

    Vanadium is not lithium and I dont even see it as a lithium substitute in so far as EV's go, although swatch developed a vanadium battery for their watches. I more see vanadium as being required in the traditional sense for strengthening of rebars - think the Silk Road project and so much more infrastructure building currently on the agenda in China alone and the possible move to vanadium storarage for all the "green" electricity production - which will create demand for vanadium that the world has not seen before.

    Vanadium is on Trumps critical commodity list ... but Australia has not been subjected to the trump trade war tariffs (at this stage) apart from the Argentinian project the rest of the vanadium projects are in Australia.

    And as I am glass half full type I like to conceptualise that Trump is shooting high with his tarries to eventually get the possibly marginal goal he may be after. He is a business man, and I understand this is one of his strategies.

    There will always be macro economic risks ... we make calculated risks, gambles and decisions. And yes @good2no I agree we can hope.

    IMO DYOR. : ).
    Last edited by Rendezvous: 15/08/18
 
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