Mentioning this for the Vanadium(Us mine 2022)*not*silver Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Mentioning this for the Vanadium(Us mine 2022)*not*silver

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Internship	3/27/2020 4:20:07 PM
	Read Replies (1) of 47

BriCS news(Vanadium Brazil, China, South Africa) Brazil's Largo Resources has reached optimal production rate for vanadium yet posts a loss because of the market crash and low demand. China unlocks financial help for industries, Vanadium price keeps falling. It seems that China is also hit by another wave of coronavirus, which is not helping although they curbed the first one already. Bushveld closed Vanadium Mine five days ago(that they bought from a Japanese company back in November, starting the paperwork as early as may 2019), For more information, read the following (source) articles https://investingnews.com/daily/resource-investing/battery-metals-investing/vanadium-investing/largo-record-vanadium-production-net-loss/ https://www.voxmarkets.co.uk/articles/sp-angel-morning-view-china-344bn-stimulus-to-help-economy-af44b77/ https://www.proactiveinvestors.co.uk/companies/news/219484/bushveld-minerals-sets-plans-for-long-term-vanadium-presence-219484.html https://www.mining-technology.com/news/bushveld-acquires-vanchem-vanadium/ Ferro Vanadium 80% FOB (China) US$27.0/kg vs US$27.5/kg – vanadium prices fell further yesterday despite news of Bushveld closing its vanadium mine in SA ( it was open 24-7) The closure along with all other South African mines and smelters is likely to cause a significant shortage of primary vanadium globally with only Largo still running in Brazil.Chinese secondary production of vanadium which has been curtailed in recent years due to China’s Green Shield policies has been cut further in recent months due to the Coronavirus disrupting logistical supply chains and closing furnacesFerro-vanadium fell -4.1% to $11-11.4/lb in Pittsburgh, US (FastmarketsMB)Ferro-vanadium fell -1.8% to $26-28/kgV in China Ferro-vanadium fell -2.3% to $22.4 – 24/kgV in Western Europe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next