By Desmond McMahon– Exclusive to Vanadium Investing News Mineral Resources Ltd (ASX:MIN) has finalized a joint venture deal with former pearl marketing company Atlantic Ltd (ASX:ATI) to revive the stalled Windimurra vanadium project in Western Australia. The partnership may strike some as odd, but their agreement to buy and complete the Windimurra vanadium project is [...]
South Africa’s Highveld Steel and Vanadium sees profits drop and looks to vanadium revenue to recover; NiPlats Australia has a big March with some big announcements; and, American Creek Resources tries to eek out an existence in British Columbia.
With 80 percent of the world’s vanadium used in steel, steel production obviously plays a key roll in determining the demand for the mineral.
Vanadium prices have stablized in the first week of February, even as exploration companies report exciting new finds.
The vanadium market this year is expected to start moving into surplus, as new capacity is brought on-stream. Watch out for a price surge!
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