Vanadium Prices Have Bottomed Out
Ferro-vanadium prices, dragged down in recent weeks, do not have much further to fall, says MetalBulletin.
Vanadium Market News Directory
Atlantic Gets $28.5 Million Financing Facility for Windimurra project
Mining Weekly reported that vanadium miner Atlantic has secured a financing facility for $28.5 million that will help to fund the Windimurra project.
Evraz has Taken Steps to Improve Working Environment for Employees in Wake of Strikes
Mining Weekly reported that Evraz feels that much progress had been made to improve relations with workers after wide-spread strikes in 2012, which hampered their production.
Evraz Sells Steel Unit to BEE for $320 Million
Mining Weekly reported that Evraz plans to sell 85% of its steel and vanadium producer Evraz Highveld to a black empowerment group for $320 million, marking the largest BEE transaction in the South African Steel Industry.
TNG Reports Promising Resource Estimate at Mt. Peake
Mining Weekly reported that TNG has updated their resource estimate at their Mt. Peake project, which reports 86 percent of the estimate falling in either the measured or indicated category.
Evraz Highveld Working Hard to Maintain Positive Labour Relationships
Mining Weekly reported that Evraz Highveld is working proactively to resolve labour disputes after a four-week work stoppage in the summer that negatively impacted their financial results.
South Africa Trying to Move Mining Companies Towards Benefication with Big R&D Tax Breaks
Mining Weekly reported that the South African government is taking steps to move miners towards benefication with the introduction of hefty additional R&D tax incentives for mining companies.
Ontario Forms New Committee to Address Needs Surrounding Ring of Fire
Mining Weekly reported that the government of Ontario has formed a new committee to address the needs of Northern Ontario in terms of infrastructure and economic development for the vast deposit area known as the "Ring of Fire". Several major miners are already moving ahead with projects.
Argex Titanium Abandoning Plans to Build Mine in Favour of Developing Technology
Reuters reported that miner Argex Titanium is moving away from plans to build a mine after a resource estimate at the La Blanche Property and is focusing on developing a plant to deploy its extraction technology.
American Vanadium Takes First Step Towards Becoming North America’s Leading Energy Storage Company
Reuters reported that American Vanadium (TSXV:AVC) entered into a partnership with German company Gildemeister AG (DE:GILG). This partnership enables American Vanadium to take the first steps to becoming the leader in North American power storage.
