AlexLMX
Welcome to that of vanadium miners.
In October, vanadium costs are solid and there are signs that VRFBs are “starting to take off”, specifically in China.
Vanadium is historically used to harden metal. Chinese criteria on rebar require more vanadium. Vanadium [VRFB] batteries are also becoming increasingly popular, especially for advertising energy storage, especially in China. Vanadium pentoxide [V2O5] is used in VRFB and ferrovanadium [FeV] is used in the metallurgical industry.
Europe Vanadium Pentoxide [V2O5] Flake 98% Chart 1 Year – Price = USD 7. 30/lb (Value published in China)
PrixVanadium. com
China and Europe Ferrovanadio [FeV] 80% – China = 37. 00 USD/kg, Europe = 30. 75 USD/kg
PrixVanadium. com
An April 2021 report via Wood Mackenzie stated (emphasis added):
Global implementation of energy workshops increased by a remarkable 62% in 2020, with five GW/9 GWh of new capacity added. This raised the overall market for energy workshops to more than 27 GWh. multiplying by 27 until 2030.
Woodmac forecasts expansion for solar, wind and energy storage
Woodmac
VrFB’s projected global growth across the 2022-2031 region
Perspectives of the House of Guides
In 2017, Robert Friedland said, “A revolution is coming in vanadium redox flow batteries. . . “
On October 3, Stockhead reported:
Three reasons why the vanadium redox generation of batteries has NOT gone mainstream. . . yet. Vanadium redox batteries have shown great promise in recent years and delivered very little, however, breakthroughs in China coupled with a perceived shortage of battery steels could be the spark that ignites this generation of batteries. want to take off. . . Vanadium is a precious steel and wonderfully increases the charge of a VRFB formula compared to other types of batteries. If the absorption of VRFB accumulates significantly, the value of vanadium pentoxide (V205), the curtains used in electrolyte solutions. . . As it stands, China is in the lead in the area of vanadium redox batteries , where a hotbed of activity is underway. . . . . . . Shanghai Electric Energy Storage Technology Co has revealed so far that the company has 3GWh of vanadium battery orders. . . Matrix. . . there is no doubt that we’re seeing really extensive development on projects using vanadium in 2022, as well as a lot of new entrants. “An iron battery festival is also coming out and we are watching carefully how this develops.
Note: According to a quote from LinkedIn in the previous article: “The VRFB will take off as expected. 3 GWh of orders for vanadium batteries is huge. “
On October 14, InvestorIntel reported:
Vanadium, a critical mineral, is finding new interest in grid power garage battery applications. Global production in 2020, according to Statista, was about 105,000 tons. China accounted for 70,000 tons, or two-thirds of world production. Russia was next with just over 19,500 tonnes, followed by South Africa with 8,584 tonnes and Brazil with 7,582 tonnes. A few years ago, China followed the needs for rebar to use vanadium, but the advent of COVID and the existing malaise in China’s construction/real estate sector has not noticed the potential growth in demand that the industry widely expected. . . . . . . Recently, there has been renewed interest in the potential giant ability of vanadium redox battery, also known as vanadium battery (VFB), to store energy from the grid.
On October 22, PV Magazine Australia reported:
A European vanadium battery company will specialise in its products for the Australian microgrid market. Australian company BESS Research is partnering with CellCube, owned by Austria’s Enerox, to target Australian advertising and advertising projects for the prospective use of vanadium redox batteries.
Vanadium producers
Glencore [LSX:GLEN] [HK:805] (OTC:OTCPK:GLCNF)
Glencore is a major manufacturer of vanadium, but vanadium production accounts for a small portion of its revenue.
Not related to vanadium for the month.
Advanced metallurgical group AMG NV [NA:AMG] [GR:ADG] (OTCPK:AMVMF)
AMG Vanadium is a leading supplier of products and facilities to the metals, manufacturing, refining and petrochemical industries. AMG Vanadium produces ferrovanadium and related ferroalloys from used refinery catalysts using a patented pyrometallurgical process.
Nº of the month.
You can check out the most recent investor presentation here and a recent article on Trend making an investment here.
AMG update on plans
AMG Q2, 2022 effects announced
Bushveld Minerals Limited [LN-AIM:BMN] (OTC:BSHVF)
Bushveld is a diversified resource company listed on AIM with a portfolio of vanadium, tin and coal assets in Southern Africa and Madagascar.
On October 10, Bushveld Minerals announced, “Mustang Announcement: VRFB-H Investment Upgrade. “
On October 25, Bushveld Minerals announced, “Third Quarter 2022 and 9-Month 2022 Operational Update. “Highlights include:
Group Highlights
2022 Group Guidelines
You can check out the latest investor presentation here.
Long Inc. [TSX:LGO] [GR:LR81] (LGORF)(NASDAQ:LGO)
Largo Inc. es a natural manufacturer of vanadium pentoxide from its Maracás Menchen mine in Brazil as a manufacturer of VRFB.
On October 17, Largo Inc. announced, “Largo announces third-quarter 2022 production and sales effects highlighted through record production of high-purity vanadium; completes the production of batteries for its deployment of 6. 1 MWh VRFB VCHARGE in Spain. Highlights include:
You can view the investor presentation here.
Energy Fuels Inc. [TSX: EFR] (UUUU)
Energy Fuels claims to be “the leading uranium manufacturer in the United States with a market-leading portfolio,” in addition to being a small vanadium manufacturer.
Nº of the month.
Ferroalloy Resources [LON:FAR]
FAR is coming to the giant Balasausqandiq vanadium deposit in Kyzylordinskaya Oblast in southern Kazakhstan. FAR states, “The ore from this has a particularly superior grade to all other number one vanadium extractions, which makes it possible to greatly reduce processing costs. “
There is no news for the month.
western uranium
western uranium
Nº of the month.
Investors can view the company’s most recent presentation here.
Vanadium Developers
Neometals [ASX:NMT] (OTCPK:RDRUY) (OTCPK:RRSSF)
Neometals owns one hundred percent of Barrambie’s allocation of titanium and vanadium iron in Western Australia. The eastern Barrambie Strip is one of the highest quality hard rock titanium deposits in the world.
On October 24, Neometals announced: “Environmental concession for vanadium recovery project. “Highlights include:
You can check out the latest investor presentation here.
Australian Vanadium [ASX:AVL] [GR:JT71] (OTCQB:ATVVF)
Australian Vanadium is an emerging vanadium manufacturer that focuses on its allocation of Australian vanadium in Western Australia. VSUN Energy was introduced through AVL in 2016 to target the vanadium redox battery [VRFB] energy garage market.
On October 5, Australian Vanadium announced, “AVL begins trading on the U. S. OTCQB market. “”U. S. “
On 17 October, Australian Vanadium announced:
Experienced Director of Project Development and Operations appointed CEO. An experienced business leader for the progression and operations of vanadium and lithium projects, Graham Arvidson appointed Chief Executive Officer. . .
On October 24, Australian Vanadium announced, “Vanadium resource drilling program completed. “Highlights include:
Catalysts include:
You can watch the most recent investor presentation here, or an interview with the CEO of Trend Investing here.
Australian Metals Technology [ASX:TMT]
The company’s number one concentrate is in the exploration of the one hundred percent owned Gabanintha Vanadium project, located 40 km southeast of Meekatharra in the west-central region of Western Australia. Technology Metals Australia is investigating (“Integration Study”) to mix the high quality Yarrabubba deposit with the Gabanintha vanadium deposit to shape the Murchison Technology Metals (MTMP) project.
On October 10, Technology Metals Australia announced, “A memorandum signed with India’s Tata Steel. “Highlights include:
On October 17, Technology Metals Australia announced, “Quarterly Activity Report for the 3 Months Ended September 30, 2022. “Highlights include:
You can check out the latest investor presentation here.
TNG Ltd [ASX:TNG] [GR:HJI] (OTCPK:TNGZF)
TNG is an Australian resource company whose objective is the evaluation and advancement of its Mount Peake Vanadium-Titanium-Iron project. The Mount Peake project is located 235 km northwest of Alice Springs in Australia’s Northern Territory. large NPV 8% of $4. 7 billion, but is based on titanium and iron with a substandard vanadium byproduct.
On September 30, TNG Ltd. announced, “TNG identifies potential source of cheap water for Mount Peake progression. . . “
On October 20, TNG Ltd. announced:
Mount Peake Project – Capital Expenditure Upgrade. . . In September 2021, TNG made the strategic resolution to move to a single, consolidated, embodied extraction and processing operation for the Mount Peake Project, with all processing operations located at the same site at Mount Peake Mine Site being split into two separate sites (see ASX announcement dated September 30, 2021). Current indications are that capital expenditures (both for the company’s own pre-production expenses and for any appliances and plants provided through 3rd parties under “Build-Own-Operate” agreements) are very likely to be particularly higher than expected in 2019. . .
You can check out the latest investor presentations here.
Limited Vanadium [ASX:VR8] [GR:TR3]
Vanadium Resources is a junior exploration company created to explore and expand opportunities for gold, zinc, lead, copper and other minerals. Vanadium Resources owns 74% of a global vanadium project, the Steelpoortdrift Project [SPD], in Gauteng Province, South Africa.
On October 4, Vanadium Resources announced, “VR8 is upgrading mineral and mineral reserves for the Steelpoortdrift Vanadium project. “Highlights include:
On October 4, Vanadium Resources announced, “DFS delivers $1. 9 billion NPV confirming world-class Steelpoortdrift Vanadium project. “
NFS Highlights
Vanadium Resources
You can check out the latest investor presentation here.
King River Resources [ASX:KRR] (formerly King River Copper)
King River owns 785 square kilometres of mining leases covering a geological feature in the east of Kimberley, Western Australia, called Speewah Dome. The company states on its website: “King River Copper Limited’s goal is the exploration of gold, silver and copper. “Their deposits also involve vanadium.
On October 25, King River Resources announced:
Quarterly Activity Report September 30, 2022. . . King River has a one hundred percent stake in Speewah’s giant vanadium-titanium-iron deposit located at Kimberley in Western Australia (Figure 3). Speewah is Australia’s largest vanadium deposit in terms of tonnes and grade of V2O5 (Figure 3). 0. 23% V2O5 cut-off content. . . ) Womb. . . Tests are underway to verify the combined salts, optimize the salt dosage and precipitation of the V2O5 product through the ammonium metavanadate (AMV) process. . . . “
You can check out the latest investor presentation here.
VanadiumCorp Resource Inc. [TSXV: VRB][GR: NWN] (OTCPK: VRBFF)
VanadiumCorp Resources Inc. owns one hundred percent of the Lac Dore Vanadium-Fer-Titanium allocation in Quebec, Canada. The company also holds royalties on the Raglan Nickel-PGM mine. The company seeks to take a vertically incorporated technique and also develops vanadiumCorp-Electrochem Processing Technology and Electrochemical Technology, patented international electrowinning.
On October 4, VanadiumCorp Resources Inc. announced:
VanadiumCorp announces the start of bulk metallurgical sampling of Lac Dore. . . With the bulk samples, the company expects to temporarily run a multi-faceted verification program at its Lac Dore warehouse. Major grinding and separation verifications of additional minerals will be conducted in the fourth quarter of 2022 and the first quarter of 2023. It is estimated that five tonnes or more of bulk sample concentrates will feed new hydrometallurgical controls in January 2023. . .
You can check out the latest investor presentation here.
Richmond Vanadium Technologies Pty Ltd (“RVT”) ASX IPO planned for 2022 due: spin-off of Horizon Mining [ASX: HRZ]
RVT now owns one hundred percent of Richmond’s allocation Vanadium. Il has a total mineral resource of 1. 8 Bt at 0. 36% vanadium pentoxide (V2O5).
On Oct. 24, Richmond Vanadium Technologies Pty Ltd announced, “Richmond Vanadium’s initial public offering up to $35 million is now open. “Highlights include:
Phenom Resources Corp. [TSXV:PHNM] (OTCQX:PHNMF) (formerly First Vanadium Corp. )
Carlin Gold-Vanadium’s assets are home to one of the number one richest vanadium deposits in North America, in Nevada. Its West Jerome assignment targets a large-scale, high-grade copper and zinc deposit in Arizona. Pug has an old inferred resource of 28 Mt at 0. 525% V2O5 (SRK 2010).
There is no news for the month.
Investors can view the company’s most recent presentation here.
October saw higher V2O5 costs and solid ferrovanadium costs.
Highlights of the month include:
As always, everyone is welcome.
Editor’s note: This article covers one or more micro-cap stocks. Be aware of the dangers associated with those actions.
Investment trend
Trend Investing subscribers have early access to exclusive articles and articles on investment concepts and the latest trends (especially in the electric vehicle and electric vehicle metals sector). In addition, interviews with the CEO and the chat room with other professional investors. , or log in here.
Trending items:
This article written by
Trend Investing Group comes with qualified financiers with a postgraduate degree in finance and implemented investments (similar to CFA) and over 20 years of professional experience in the financial markets. Trend Investing travels around the world in search of the right investments with a focus on “trend investing” topics. Some specific trends include lithium/cobalt/graphite/nickel/copper/vanadium electric cars and miners, battery and plastics recycling, the rise of online knowledge, 5G, IoT, AI, cloud computing, renewable energy, energy storage, space tourism, 3D printing, private robots and autonomous cars. Trend Investing also hosts a market service called Trend Investing for professional and complicated investors. The service is informational only and does not offer recommendations or recommendations. See the Seeking Alphas Terms of Service. https://seekingalpha. com/page/terms-of-use
Disclosure: I have/have a long advantageous position in the shares of AMG ADVANCED METALLURGICAL GROUP NV [AMS: AMG], LARGO RESOURCES [TSX: LGO], NEOMETALS [ASX: NMT], AUSTRALIAN VANADIUM [ASX: AVL], SYRAH RESOURCES [ASX:SYR] whether through ownership of shares, features or other derivatives. I wrote this article myself and it expresses my own opinions. I don’t get any refunds for this (other than Seeking Alpha). I don’t have any business dating a company whose actions are discussed in this article.
Additional Disclosure: This article is provided for informational purposes only and should not be considered as a type of recommendation or recommendation. Readers will have to “do their own research” (“DYOR”) and all decisions are theirs. Please also refer to the Search Alpha Terms of Use that all users of the site agreed to follow. https://about. seekingalpha. com/terms