one yelluva year, page-30

10,000+ tpa vanadium deficit predicted over foreseable future for the steel industry alone - and that is factoring in expanded production from existing producers.

The amount of vanadium in the earth's crust is not relevant. Only ore that can be mined cheaply is economic - AVL has that. Consistency is easy, it is 98%+ V2O5. Steel makers want competitive markets, and that comes from diversity of supply. These are really basic business principles.

VRFB's are the icing on the cake. They are very definitely NOT a requirement for a successful business case for Gabby going to mine.

You are right about steel mills setting the vanadium price though. There isn't enough vanadium to supply the market, so the steel mills set the price by bidding it up to a price that someone is willing to part with it for. Called a market apparently.

Not sure what your agenda is, but it might pay to stick to reality.