Rider schreef op 14 april 2020 17:01:
South Africa’s 21-day lockdown will remove around 1,200 tonnes of vanadium supply from the market.
With China recovering, this will deplete stockpiles and fuel fears about a possible shortage, thus driving up prices.
With Brazil remaining the only significant player in this tightening market, the main beneficiary should be Largo Resources.
The lockdown of South Africa brings a significant supply shock to the vanadium market, and availability concerns are leading to higher prices.
With Brazil open for business, Largo Resources will benefit from this tightening in the market.