New Rebar Steel Standard to Increase Vanadium DemandDespite steel manufactures requesting a delay from Sept 2024 until January 2025, it's not a matter of if but when the new rebar steel standards in China are set to go through. Enforcing the standards for vanadium usage in rebar, this new standard is set to increase the metals' demand. (Source:
https://www.reuters.com/markets/commodities/chinese-steel-traders-seek-delay-new-rebar-standards-2024-07-24/)
Focused on the advanced La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec, Temas Resources (TMAS.c TMASF) is strongly positioned to become a major player in this space.
Notably, TMAS' La Blache Project PEA shows impressive economic metrics, including a post-tax NPV of CAD$6.8 billion, a post-tax IRR of 55.1%, and a short capex payback period, showcasing its viability and profitability.
For more information, refer to this deep dive:
https://www.reddit.com/r/RichTogether/comments/1e1u22o/temas_resources_tmasc_a_comprehensive_overview/ Posted on Behalf of Temas Resources Corp.