Velox Energy Materials Inc V.VLX

Alternate Symbol(s): CUIRF

Metals & Mining Industrial Metals & Minerals

Velox Energy Materials Inc. is a Canada-based energy materials company, which is engaged in developing and progressing high-value assets in resource and research- friendly jurisdictions. The Company is focused on energy materials solutions for the global transition to net zero. The Company is focused on the advanced North Queensland Vanadium (NQV) project in Queensland, Australia. Its NQV project covers 1,246 square kilometers (km2) in northwest Queensland, about 500 kilometers (km) southwest of Townsville. The NQV project is located in northwest Queensland, Australia, along the Flinders Highway between Julia Creek and Richmond. Its Kotai Hydrogen Project is focused on the commercialization of technology that can produce high-pressure hydrogen following transport as an inert powder. The Company’s Lake Pierre Project is located approximately 55 km east of the town of Havre St Pierre. The Company's subsidiaries include Currie Rose Vanadium Pty Ltd., and WA Hydrogen Pty Ltd.

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Velox Energy Materials Inc

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Post by Goldy63on Nov 24, 2021 11:46am

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Post# 34161728

Sweeet . 85% Of Vanadium In 3 Country's

But CUI is in Australia so very important that there is no Geo Political garbageto deal with as check out where these 3 Countrys are and yes as posted by Yixter CUI has a Huge Resource. Read On . About Vanadium Market

more than half of vanadium (V) is mined in China, while China, Russia and South Africa together account for 85% of world mine production
the main demand for metal is generated by the steel industry, and in recent years there has been an increased interest in vanadium possible application in the production of vanadium redox batteries, however, due to high metal prices, there has been no great activity in this direction
in recent years, the global vanadium market has come to a certain balance of supply and demand, but in 2020 production decreased, as did the demand, as a result of the crisis caused by the COVID-19 pandemic
the decline in metal prices has led to renewed interest in researching the production of vanadium redox batteries, any breakthrough in this area will lead to a significant increase in demand for vanadium, which may cause some tightness and again increase in prices
and yet, in the next couple of years, the steel industry will remain the main driver of the world V market
in the long term, the situation with global vanadium supply may undergo some changes as a result of additional volumes of metal from spent catalysts entering the market (oil industry)