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Vanadium is a metal that strengthens and hardens alloys likesteel, but that we believe has a bright future in energy storage.Both lithium ion batteries to be used in the automotive industryand redox batteries to be used in grid-level electricity storagebenefit greatly from the use of vanadium, and this use is cost-effective.
Vanadium is produced in limited quantity as a by-product of otherprocesses.
In 2007, only about 59,100 tonnes of contained vanadium wasproduced globally, with this coming largely from South Africa,China and Russia.
There is a threat that Chinese supply may be declared strategicand export curtailed, further constraining global supply.
Rapidly Rising DemandRapidly Rising DemandRapidly Rising DemandRapidly Rising Demand
Ferrovanadium is used to strengthen steel. Both China and Japanare mandating stronger rebar in construction, likely increasingvanadium demand.
We also foresee at least three new demand channels forvanadium in the alternative energy and clean technology arenas.At least two of these could result in significant vanadiumshortages.
Stable Prices are the CatalystStable Prices are the CatalystStable Prices are the CatalystStable Prices are the Catalyst
A major issue in the past has been vanadium price volatility.Prices have oscillated between levels of $11 per kg. for the metalto as high as $50 per kg.
While there are some opportunities for substitution in steelproduction, the same is not true for other markets, including ourprojected new markets.
In order to make end prices of products predictable, the price of vanadium must stabilize. This provides pull for new producers of vanadium to enter the market.
There Just Isn’t EnoughThere Just Isn’t EnoughThere Just Isn’t EnoughThere Just Isn’t Enough
Without doubt, vanadium is growing into one of the mostimportant metals about which no one has ever heard. Soon,everyone is likely to become a lot more knowledgeable aboutvanadium, and investors can benefit by staying ahead of thecurve and owning companies that can benefit from rapidlyincreasing vanadium demand.
Jon Hykawy, Ph.D., MBA Jon Hykawy, Ph.D., MBA Jon Hykawy, Ph.D., MBA Jon Hykawy, Ph.D., MBAClean Technologies & MaterialsClean Technologies & MaterialsClean Technologies & MaterialsClean Technologies & Materials647.426.1656647.426.1656647.426.1656647.426.1656 firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.comArun Thomas, MBAArun Thomas, MBAArun Thomas, MBAArun Thomas, MBAAssociateAssociateAssociateAssociateathomas@firstname.lastname@example.org@email@example.com