Vanadium news, page-3189

We'll agree to disagree. I do expect prices to come down as more production comes into the market. Just looking at lithium this is what is expected there as well, and I have seen it also happen in other commodity sectors.

But given vanadium's rising prominence in the market, prices IMO won't be going below US$10 to US$12 per pound for the foreseeable future, and by that I mean the next 5 to 10 years, because of the quantum upscale in now the value of vanadium as perceived by the market and consumers.

Vanadium's fortunes are nonetheless predominantly tied to the steel market and battery market (and in the battery market it does have a competitor despite vanadium batteries been better than lithium batteries in the stationary energy storage market). Whilst vanadium is better product in steel strengthening than others there are also other substitutes to strengthen steel (albeit not to the level of vanadium), so price is going to be a factor in people's decision making processes (and what they can live with if chose substitutes instead to vanadium for their needs).

It is just an opinion, but all good here.

All IMO