Is the Steel Industry Calling a Buy on Vanadium?
Bullish news from Chinese manganese buyers may mean better times ahead for steel — and vanadium.
Bullish news from Chinese manganese buyers may mean better times ahead for steel — and vanadium.
Sparton Resources Inc. (TSXV:SRI) announced that a metallurgical test program has been successfully completed on samples from its Jiangxi vanadium prospects in China by its subsidiary, Vanspar Mining.
Bloomberg Businessweek reported that Anshan Iron & Steel Group has successfully acquired a loan for 14.6 billion yuan for a China-based vanadium project.
Platts reported that an increase in the need for steel-making materials is likely to increase demand for vanadium.
The Tibetan Review reported that workers at Chengdu Steel & Vanadium went on strike demanding better employment terms.
Steel Guru reported that China VTM Mining's (HSE:0893) subsidiary has signed a vanadium-bearing iron concentrate supply agreement with Weiyuan Steel Co Ltd.
Greentechgrid reported that recent $29.5 million in funding will help Prudent Energy increase production of vanadium redox batteries.
Apella Resources Inc. (CVE:APA,OTC:APAFF) announced it has made good contacts with Chinese business peopleinterested in the company's activities at the Lac Dore project.
Mining Weekly reported that an alliance between TNG (ASX:TNG) and ECE has been approved by the Chinese government. The market news is quoted as saying: The ASX-listed TNG said on Tuesday that the approval by the Jiangsu provincial branch of the National Development and Reform Commission marked a further significant step towards completing the broader [...]
Inner Mongolia Yili Industrial Group Co. Ltd. (SHA:600887) will be added to the Dow Jones China 88 index.
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