Largo Inc T.LGO

China = Net Import for V2O5 in Q1-24

[kha341]

The following news and the fact that Chinese firm Panjin Hexian entered an off-take deal with Vanadium Resources of Australia to buy 4,000T/year of V2O5 point to a supply deficit in Chinese V2O5. Imho a global increase in V2O5 prices is to be expected.

China Became The Net Import Country For V2O5 Again

www.ferroalloynet.com: In Q1 2024, China imported about 1040.364 tons vanadium pentoxide (V2O5) according to China Customs, and down by 23.5% compared with import of 1360 tons in Q1 2023 but higher again than the export data of 798.239 tons again in Q1 2024.

[MikiPan]

You are not giving the full picture and thus misleading people.  China may have been a net importer of V2O5 but was at the same time a massive exporter of FeV/VCN. So if you consider all products China net exported about 2-3 times Bushvelds annual production. 

[kha341]

MikiPan, Are you for real? Learn how to read. It helps. The title is “China = Net Import for V2O5 in Q1-24” and my post talks only about V2O5. Off you go on my “ignore list”. Good riddance.