China’s metamorphic rise to developed nation status has resulted in hundreds of policy changes. One little noticed change was a mandate to construction companies to use higher tensile strength steel rebar. The policy change has sent the vanadium market into a tailspin.
As a result, steelmakers have gobbled up all existing inventories, meaning the only vanadium you can buy is currently underground.
Extract from online article.
I dont understand why other vanadium companies on asx are doing extremely well and we are lagging behind. Ton has been boasting about the largest combined graphite and vanadium deposit in the world. Yet another asx company thinks about buying a vanadium deposit and their share price jumps 10 times our price. I dont get it.
China’s metamorphic rise to developed nation status has resulted...
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