CLQ and Vanadium, page-20

Posted in error on the chart thread:
And I think a scandium off-take might be possible by year-end. Maybe. Possibly. So I really expect a vanadium deal this year.

The reason is the the big scandium clients are very cautious, and the lead times are very long.

But with vanadium RF controls a key user of the commodity (Pu Neng VRB factory), Pu Neng has a large VRB order, and we know he is in contact with people who control resources rich in vanadium.

So the difference is that RF is in control of both ends and the middle of a vanadium supply chain, whereas he does not have control over the end customers in scandium.