TSX:LGO - Post Discussion
Post by
kha341 on Jun 24, 2024 2:12pm
Bushveld vs V price
Drhoho: “Seems to me that losing BMN Vanadium global supply would benefit LGO, if global supply/demand has anything to do with Vanadium market pricing. Paul Vollant should know”.
I hope so too. However, let’s not forget that when Glencore-Rhovan (one of the 3 primary V producers) was shut down because of community protests from April 29 to May 27 2024 the average price of the benchmark Euro V2O5 remained around US$5.88/lb (as compared to Q1-24's $6.44) during that time.
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