SYR 2.22% 22.0¢ syrah resources limited

SYR and its Vanadium resource, page-18

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    Came across this NT’L FERRO-ALLOYS CONF: Six key talking points as the industry gathers in Lisbon on 11/13November 2018
    No knowledge whatsover of Ferro-Alloys though the following indtroductory comments mentioned the magic word "Vanadium"

    As the ferro-vanadium mating season nearing completion? Whatpromises to be a busy few days in Lisbonfor purveyors of ferro-alloys may end up uneventful for ferro-vanadiumsuppliers because many of the larger long-term contract negotiations have beenalready been settled.

    Supply concerns fueled speedy negotiations, withconsumers eager to secure volumes for the upcoming year in what is expected toa strong year for vanadium consumption, with little supply increase expected.Several major suppliers were either completely booked or nearly sold out oftheir allotted contract volumes for 2019.

    The pressure on consumers to securerequirements early was also believed to have allowed for lower discount levelsoverall. Vanadium market in a frenzy Although many of the long-term contractnegotiations have been settled already, vanadium still promises to be a hottopic. The material has caught the attention of even the most casual observer,with its meteoric rise over the past year

    Of further interest is this article of 30/1018 from NetworkNewsWire Editorial Coverage of New York
    Vanadium: The World's Critical Element Fueling a Major Trade War
    In particular it relates to National security of USA


    The Department of the Interior deemed vanadium as one of the commodities considered critical to the economic and national security of the United States

    No doubt SYR will be a beneficiary if the current review of Vanadium scoping study 2014 stacks up, so SYR may be of  interest too from Glencore and other players who have an interest in Vanadium


 
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