This forum is for Private Investors interested in Bushveld Minerals.  Together we can make BMN the best researched stock on AIM.


7:55 AM, 29 January 2018


How high can Vanadium Prices go ?

in 2005 FeV reached 120 USD/KgV, in 2008 it averaged 70 USD/KgV for half the year.

What might it do this time ? 


7:05 PM, 3 February 2018

Nice graph here even if they are pushing a slightly different agenda  https://twitter.com/VanadiumCorp/status/959856309720920064


4:10 PM, 31 January 2018

Can't fault the logic Daisan, but one reason for the big drops before was that Vanadium essentially only had one use (steel). Now it has multiple uses in embyonic and fast growing market spaces.

I know nothing of commodity pricing but historically this could go well over $100/kg and stay there if the demand for electrolyte and EV materials pans out.

Personally I think the SP-Angel stance of 'fall back to $25/30 per KG is la-la land. They may well feel this gives a measure of protection to their reputation but it does not. That said, if, as you feel, it comes down and plateaus around the $60ish mark then we still make shed loads so perfectly happy with FM's stance of 'lowest cost producer'


10:04 AM, 31 January 2018

I believe that FeV has the potential to move to new highs in the next two to three years. The previous move to record highs was based on rebar standards revision in China which is once again taking place. But the difference now is that there is a shortage of material already, sources of new material have been restricted (slag ban in China), 'emergency' stocks in China have been used (or at least reduced), new mines are nowhere near coming online (this will change should prices remain firm) and there is the potential for new, significant demand from the adoption of VRFBs.

Vanadium has a history of spiking and plateauing. My guess is that prices will spike to $130-150/kg before coming off considerably and plateauing at $60-80/kg. These prices will be either extraordinarily profitable or just very profitable to BMN. This could be wildly inaccurate and I do not rule out there being a fall before the spike to the $35-45/kg range.

It is also probable that the level of production coming online in future years will put further pressure on prices in the longer term as there is no real lack of Vanadium in the world. At some point this will balance out but Bushveld operations should be profitable at any foreseeable price point.


9:55 AM, 31 January 2018

Definitely 1 main driver is the new Chinese rebar regulations, that was the main reason for the 2008 spike. 

The old rebar regulations are being stringently enforced atm as a new field test for V content has been developed to stop producers trying to get a way with just adding VN and heat treating to try and fool inspector's. 

I think that it is designed to send out a message, that when we implement the new regulations you will have to comply. 

Forum Tools

About This Community

This community is for all those interested in Bushveld Minerals - you don't need to be a verified shareholder to post but if you are it helps to get verified so that people can see your genuine status. Read Guidelines

Discussion tools

3 follower(s)