TMT 1.45% 35.0¢ technology metals australia limited

vanadium price future

  1. 3,637 Posts.
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    I note the V2O5 price in Europe is steady @ $20+/llb,In China it appears to have bottomed @$15+ mainly due to seasonal (short term) demeans...this has left stocks at minimal levels.


    There is reports that China steel companies have not yet fully complied with new rebar standards,,,this cant last long,


    It should be remembered that V purchases normally have a price direct from suppliers,,they limit spot purchases.

    I suspect this time around because of the emerging energy sector...this wiil become even more relevant.


    One big battery could take several 1000's ton (highgrade 99.5+).

    For TMT to establish a $1bill Mkt Cap needs no more than $13-!5....it should well exceed this.


    We should here soon about extendered mine life 

 
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