It would not surprise me in the least if it turns out we do a JV with a Chinese company that would have absolutely no interest in using our vanadium for anything but steel (in fact quite the opposite).
As a supporter of renewable energy I'd be partial for it to end up in batteries, but unfortunately I'm a realist too and know it will be pretty difficult for that sector to beat the steel industry to the punch $$ in anything. The pressure the Chinese government is putting on steel companies to stop manufacturing the junk they were becoming famous for has put vanadium on centre stage. God help the company that ignores these new laws and another building comes down. Those companies will now either have a secure vanadium supply or risk having to close the doors until they get some! There are no more "she'll be right" when supply runs low or they want to save a few bucks.
Pretty nice position for us to be in with a couple of feasibility studies coming out soon!
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