Vanadium MarketFrom talking to Mark Brennan at the PDAC, he stated to me that vanadium pentoxide at under 5.00 dollars per pound would shut down most other vanadium producers who's production costs are higher.
At these marginal price levels would this leave an opening for Largo to capture a much larger share of the market?
Most likely the Vanadium price will turn higher soon as this low price is unsustainable.