An West Aussie company listed on the TSX is doing exactly that...

An West Aussie company listed on the TSX is doing exactly that in the USA, (TSX WUC).

But if TOE does do similar and you're interested, here are some Aussie based Vanadium chasers.
AVL;TMT; TNG; HDY; EME; THR; SRN; KRR; TNO; AEE:

PLEASE REMEMBER WHEN DOING YOUR DUE DILIGENCE, some of these explorers i would not touch with a barge poll.
i recommend nothing (i do hold WUC and AVL).

So TOE can put their finger into the vanadium market.
According to "the experts" vanadium has a very big future, bigger than lithium.

Their future is in commercial and home energy storage systems.
Lithium in storage systems builds up heat and can explode, vanadium does not.