While the story for vanadium may be the battery sector, China’s introduction of new rebar standards next month is creating tightness in the market right now
Undoubtedly, current pricing will generate a response from marginal supply and through some substitution with niobium, and is thus a spike price, but we anticipate pricing trading at strong levels compared to recent history over the coming years.
Going with the flow
photo: White Mesa Mill in Utah. Image: Energy Fuels