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.
Many companies have reported positive results in their on-going mining programmes for vanadium. But supply of this minor metal from South Africa may run into problems due to a political controversy brewing there.
Vanadium is one of the metals of the future, and investing in it is a sure-fire bet, at least for the long-term. With optimism on the immediate horizon, global demand for vanadium is also expected to rise in 2010.
Monday, April 5, 2010