Ann: Vanadium recovery targeted at the Tiris Project, page-7

Good news all round, lower operating cost = greater profits, Vanadium is still in a bullish trend, for very good reason. DYOR
FH

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The Tiris project value, which is driven by low operating and development capital costs, would benefit further with vanadium recovery which is considered technically achievable.
The vanadium price has risen approximately 500% over the past 3 years and was recently quoted at US$28.10 per lb2 , benefitting from significant structural shifts in the Chinese steel industry where, in some cases, legislation has driven a three-fold increase in vanadium use.