TMT 1.45% 35.0¢ technology metals australia limited

Although Vanadium price gives a daily update on prices..a better...

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    Although Vanadium price gives a daily update on prices..a better site is

    The latest vanadium update from FerroAlloyNet which I can’tcirculate the full report. See TMT is presenting atat

    http://www.ferroalloynet.com/vanadium/


     Shows V2O5 pricing in Chinaat 460,000 to 480,000 RMB per tonne  - which based on our calculations isequivalent to US$30 to $US31.50 per pound. ( Monthly report from August was280,000 RMB ) A massive increasereflecting ultra tight supply side with new rebar standards looming (andperhaps some suppliers holding back on sales)  plus some recent weaknessin RMB:USD exchange rate.

 
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