This news is quite impressive to me. We get 5% of a potential very high growth company AND locked in sales of 20% of our production.
IF MK Plus reaches $500 million valuation the would be $25,000,000 of value for Phenom. Sounds really good to me. Do not see any significant down side. Keep in mind this 'Phenom whereby Phenom will commit to providing 20% of its future Carlin Vanadium Project production concentrates to MK Plus AT FAIR MARKET value.' Seems like they negotiated one heck of a deal.

Vanadium Solid-State Battery Company

Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to announce that it has signed a Memorandum of Understanding (MOU) to gain a 5% equity interest in a private Japanese battery company, that is advancing its revolutionary fast charging low-cost vanadium solid-state battery (VSB) business world-wide.

The non-binding MOU describes the principles and proposed terms and conditions of an Off-Take Agreement between MK Plus Co., Ltd. (MK Plus) and Phenom whereby Phenom will commit to providing 20% of its future Carlin Vanadium Project production concentrates to MK Plus at fair market value. In exchange for this commitment, MK Plus will, on signing a Definitive Off-Take Agreement, issue to Phenom 5% of MK Plus's issued and outstanding shares. Phenom's interest will be non-dilutive until MK Plus's market valuation exceeds US$500 million after which Phenom's interest in MK Plus may be diluted but will not fall below 3%.

Currently, MK Plus's market valuation is CDN$83.85 million.

According to MK Plus, their vanadium solid-state battery provides higher desired performance at a lower cost over vanadium redox flow batteries (VRFB) in the large capacity battery market. They claim:

Rapid charging in minutes (C-rate of between 100 and 300 versus C-rate of 20 in VRFB), achieving massive charging speeds 100 times faster.
Use one tenth of the amount of vanadium than VRFB use for an equivalent charge.
Have +100,000 deep cycle life without heat dissipation (no fire risk) or degradation (long life).
Have been tested at ambient operating temperatures between 100oC and -40oC without loss of performance.

MK Plus's vision is to be the #1 provider of high-performance, stationary, low-cost utility-scale batteries that are made 100% in North America with vanadium from Phenom's Carlin Vanadium resource in Nevada. With 14 patents world-wide for its battery technology, they have progressed through a 12-year R&D period including thorough third-party testing. They are now providing scaled-up modules to European power companies for customer testing next month. MK Plus has established multiple subsidiaries including the USA, France and Austria with plans to expand further world-wide.

Paul Cowley, President & CEO of Phenom states, "We are very pleased to have built a relationship with MK Plus over the last 2 years that has culminated in this MOU and bring this new technology to the USA to address battery supply chain gaps. The extraordinary features of their vanadium solid-state batteries can be highly disruptive to the utility-scale battery market which is forecasted to expand 30 times by the end of this decade. In my visit to MK Plus's facilities in Japan last week I witnessed firsthand the impressive rapid charging. To own 5% of this unique and progressive Japanese battery company with their aggressive growth potential just prior to their power customer testing is timely and significant for us. We see this MOU as a start to a strong and growing relationship with MK Plus."

"The stationary battery market is projected to be double the size of the EV battery market by early 2030's and that is where vanadium redox flow batteries have their advantage over lithium batteries. As pointed out above, MK Plus's vanadium solid-state battery is superior again to the VRFB. Additionally, MK Plus believes that because of the rapid changing of their battery, there is potential to enter the EV space but are initially focused on the bigger market where they have a clear advantage," continues Paul Cowley. "MK Plus sought out and prioritized Phenom's vanadium resource in Nevada as the ideal target and relationship in the USA for MK Plus's initial global growth plans by securing future vanadium feed in the USA."

The Definitive Agreement is expected to be finalized by June 30, 2023.

That would be awesome!

Expecting big run in 2023. They continued to expand the vanadium resources and hopeful the potential gold beneath the vanadium will be grown next year. Undervalued and should easily see 100% short term. Long term 10x very possible.

Anything new here since April? Potential in 2023?

I will watch it for a while. Thanks for your comments.

Welcome. Yes great potential but be willing to be patient. I know that is really hard when it is a penny stock. We usually want quick results or we would not be here. But if looking for a 10x or more this is the place to be.

Hello, Mind if I join in? I am new to the company. It seems to possibly have much potential.

Reminder --- In further news, the Company plans to start its 2022 drilling campaign in Nevada in EARLY APRIL, firstly on the Carlin Gold-Vanadium Project with vectoring within the gold system.

Getting good increases here lately. As it should.

Why Invest in Phenom

* RIGHT MANAGEMENT – PROJECT – STRUCTURE – TIMING

* Stellar Technical Team - over 450 years combined industry experience

* On the Carlin Gold Trend of Nevada – one of the most desirable, favourable and prolific gold mining trends on the planet

* Double-play - large-scale Carlin-type gold system under high-grade Vanadium resource


* Gold targeting by renowned Nevada gold specialist and proven mine finder, Dave Mathewson

* Vanadium - a mineral of choice for next generation of green energy storage

* 84.4 Million Shares – listed on TSX.V: PHNM; US OTCQX®: PHNMF and Frankfurt:1PY

Presentation:
https://phenomresources.com/images/Presentation/2022/Phenom_Res_-_Corporate_Presentation_March_7-22_vanadium_and_gold_.pdf

Shares Issued and Outstanding: 82,394,732 as of March 3, 2022

Warrants 25,644,492 (@ $0.26, $0.55, $0.65 and $0.75)

Options 5,380,000

Fully Diluted 113,419,224

Supposed to be a lot going on behind the scenes with Phenom. Hope that get published before long. Been loading up last few days. Ready for the long haul. Expectations are for this to be in the multi dollar range this year.

Yes, ThSeeker,the word is that big money is coming into Phenom soon, with a new PP at well above the previous one at .40.
Also, the Vanadium price is creeping up nicely.
Erie

Hearing that there are big pocket/experienced investors that should be showing up soon. That should have a substantial impact on the PPS. Hoping to see some higher support levels established this month.

FVANF changed to PHNMF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

First Vanadium Corp. changed to Phenom Resources Corp.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

How come nobody is wondering about the NEW Gold Discovery?

First Vanadium Increases Private Placement Up to $1,375,000

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2019) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) ("First Vanadium" or the "Company") is pleased to announce that further to its news releases of May 21, 2019 and June 6, 2019, it has received interest above the previously announced $1,000,000 plus 20% overallotment provision, and accordingly intends to increase the amount to be raised under its non-brokered private placement offering up to $1,375,000, subject to TSXV approval. All other terms of the offering remain as set out in the Company's May 21, 2019 news release.

First Vanadium Corp. (TSX.V: FVAN) (OTCQX®: FVANF) (Frankfurt: 1PY)
2nd ranked mining sector company by 2019 TSX Venture 50™!

June 25, 2019: First Vanadium Increases Private Placement Up to $1,375,000.

February 2019 Maiden Resource: 303M/lb V205 Indicated, 75M/lb V205 Inferred.

Vanadium was one of the top performing metals in 2018; Rising from under under $3/lb to $19/lb USD in 2.5 years.

First Vanadium's Carlin Vanadium Project is located in Nevada, USA.

High Grade Advanced-stage vanadium deposit.

Thickest high-grade vanadium intercept of 73.2m (240ft) grading 0.60% V2O5 at the Carlin Vanadium Project.

Shallow dipping near-surface mineralization amenable to cost-effective open-pit extraction.

Twitter link for First Vanadium
https://twitter.com/FirstVanadium

Perhaps with the recent gold breakout (am just waiting for the DXY 97 level to confirm) we MAY see a pickup in many commodities...!



Palladium has recently also gone nuts



What's been happening to the dollar has been wicked to monitor :




Also Potash like right ?.....
I mean hey man, who knows ?.....Some of these things might begin to take off.





Palladium !....Potash !.....Uranium !.....


COPPER !.....Can things GET any better than THIS ???





Who knows ?......But thank U so much for your dd on these subjects



For example for your FULL coverage of FVAN here....wow




Which is not a bad stock chart itself :

Jay Taylor interviews First Vanadium

First Vanadium Announces First Tranche Closing of Financing – Insiders Participate

Vancouver, British Columbia–(Newsfile Corp. – June 6, 2019) – First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) (“First Vanadium” or the “Company”) is pleased to announce that the Company has closed the first tranche (the “First Tranche“) of its non-brokered private placement financing (the “Offering“) previously announced on May 21, 2019. Under the First Tranche, the Company has issued 2,125,500 units at a price of C$0.40 per unit for gross proceeds of C$850,200. Each unit is comprised of one common share and one warrant. Each warrant will be exercisable into one common share for a period of three years at an exercise price of $0.65 per share. In connection with the First Tranche, the Company paid a finder’s fee of C$2,100 to PI Financial Corp.

Certain directors, officers (the “Insiders“) and close associates of the Company participated in the First Tranche and purchased an aggregate of 898,000 units for aggregate gross proceeds of C$359,200. Participation by Insiders of the Company in the Offering is considered a “related party transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Insiders’ participation in the Offering in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the private placement by the Insiders did not exceed 25% of the fair market value of the Company’s market capitalization.

All securities issued under the First Tranche are subject to a hold period expiring October 7, 2019, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

The second tranche of the Offering for additional proceeds of up to C$349,800 is expected to close on or before June 28, 2019.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 as amended (1933 Act), or any state securities laws, and may not be offered or sold within the United States or to, or for account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About First Vanadium Corp.

First Vanadium has an option to earn a 100% interest in the Carlin Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada on Highway I-80. The Carlin Vanadium Project hosts the Carlin Vanadium deposit, which is flat to shallow dipping and at shallow depths with strike length of approximately 1,800 metres, width averaging 600 metres and thickness ranging from 15 metres to 50 metres. The Company announced its maiden resource February 27, 2019.

ON BEHALF OF FIRST VANADIUM CORP.

per: “Paul Cowley”
CEO & President
(778) 655-4311
pcowley@firstvanadium.com

Glossary The Mineral Resources and Mineral Reserves

have been classified according to CIM (CIM, 2014). Accordingly, the Resources have been classified as Measured, Indicated or Inferred, the Reserves have been classified as Proven, and Probable based on the Measured and Indicated Resources as defined below.

28.1 Mineral Resources
A Mineral Resource is a concentration or occurrence of solid material of economic interest in or on the Earth’s crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling.

An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation. An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured Mineral Resource and may only be converted to a Probable Mineral Reserve.

A Measured Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape, and physical characteristics are estimated with confidence sufficient to allow the application of Modifying Factors to support detailed mine planning and final evaluation of the economic viability of the deposit. Geological evidence is derived from detailed and reliable exploration, sampling and testing and is sufficient to confirm geological and grade or quality continuity between points of observation. A Measured Mineral Resource has a higher level of confidence than that applying to either an Indicated Mineral Resource or an Inferred Mineral Resource. It may be converted to a Proven Mineral Reserve or to a Probable Mineral Reserve.

28.2 Mineral Reserves
A Mineral Reserve is the economically mineable part of a Measured and/or Indicated Mineral Resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at Pre-Feasibility or Feasibility level as appropriate that include application of Modifying Factors. Such studies demonstrate that, at the time of reporting, extraction could reasonably be justified.

The reference point at which Mineral Reserves are defined, usually the point where the ore is delivered to the processing plant, must be stated. It is important that, in all situations where the reference point is different, such as for a saleable product, a clarifying statement is included to ensure that the reader is fully informed as to what is being reported. The public disclosure of a Mineral Reserve must be demonstrated by a Pre-Feasibility Study or Feasibility Study.

A Probable Mineral Reserve is the economically mineable part of an Indicated, and in some circumstances, a Measured Mineral Resource. The confidence in the Modifying Factors applying to a Probable Mineral Reserve is lower than that applying to a Proven Mineral Reserve.

A Proven Mineral Reserve is the economically mineable part of a Measured Mineral Resource. A Proven Mineral Reserve implies a high degree of confidence in the Modifying Factors.

more -- NI 43-101 Technical Report on the Carlin Vanadium Project

Excerpt from report:


26.1.5 Mineral Resource EstimateThe resources of the Carlin Vanadium Property are classified as Indicated and Inferred based primarily on the average drillhole spacing. All resources supported by drilling with an average spacing of 200 ft or less were classified as Indicated Mineral Resources. Infill drilling in areas with Inferred mineral resources would increase the classification to Indicated and add to the potential Mineral Reserves. When any future resource drilling programs are completed, an updated Mineral Resource Estimate would be required. The current resource is limited to V2O5. If silver and/ or zinc are present in recoverable concentrations, they could add value to the Project. 26.1.6 Mineral Reserve EstimateThe economic inputs to define a Mineral Reserve Estimate would be included in a prefeasibility study. Detailed mineral processing studies were in progress at the time this report was published. Mining methods, infrastructure needs, and other components would be evaluated as part of a prefeasibility study.

NI 43-101 Technical Report on the Carlin Vanadium Project

Excerpt from report:

25.13 Foreseeable Impacts of RisksThe Carlin Vanadium Project has a secure and adequate land position, and the Mineral Resource Estimate has been defined with a combination of recent core and RC drilling and historical drilling. Permitting for additional development was in progress at the time this report was published, as well as metallurgical testing. The main indicators for further development of this Project are positive, and known risks are minimal.

Excerpt from NI 43-101 Technical Report on the Carlin Vanadium Projec

Interpretation and Conclusions

25.1 Property Description and Ownership The Project consists of 182 unpatented mining claims totaling 3096 acres (excluding overlaps and portions of claims outside section limits) and approximately 80 acres of fee simple land through a Mineral Lease Agreement covering a total of 3,177 acres. The Project was explored and drilled byUnion Carbide Corporation (UCC) in the late 1960’s resulting in a defined vanadium historic resource. The claim group is located in north-central Nevada in Elko County, seven air miles south of Carlin. The vanadium deposit is centered about geographical coordinates 40°36’29”N, 116°07’17”W. Elko, with a population of about 20,000, is the largest town in the area.The core 72 claims (BK and Pot claims) are owned by Golden Predator U.S. Holding Corp., a corporation with an address in Idaho. Americas Gold Exploration Inc. (AGEI), a private Nevada corporation acquired a 5-year option June 15, 2017 to acquire 100% of the Carlin Vanadium Project from Golden Predator U.S. Holding Corp. which was assigned to First Vanadium through anAssignment Agreement dated September 22, 2017 and approved by the TSX Venture exchange November 9, 2017. Both Option and Assignment Agreements are in good standing at the time of the report with First Vanadium fulfilling its obligations (payments, work commitments and share issuances) in a timely fashion. First Vanadium can exercise the option and earn 100% interest in these claims by making remaining payments to Golden Predator of US$50,000 by June 2019 and US$1.91 million by June 15, 2022, subject to a 2% NSR in favor of Golden Predator, which could be bought out at the time of option exercise for US$4 million. First Vanadium has fulfilled all of its obligations to AGEI under the Assignment Agreement except requiring to produce a Preliminary Economic Assessment (PEA) on the project by November 9, 2021. First Vanadium recently added 80 acres of mineral rights through a Mineral Lease Agreement from third parties subject to a 5% NRS royalty. First Vanadium has recently added 110 unpatented lode claims adjacent and proximal to the originalproperty in the name of its wholly owned subsidiary Copper One USA, Inc.

https://firstvanadium.com/images/Presentation/2019/abr/Carlin_NI43-101_Tech_Report_20190409.pdf

Positive Vanadium price outlook into 2019

(this is a snippet from full article. Recommend reading it all at)
https://www.proactiveinvestors.com.au/companies/news/212553/vanadium-prices-remain-strong-into-2019-as-further-new-energy-applications-are-developed-212553.html


After a rallying run across 2018, the vanadium price saw a slight decrease at year-end, however this was seen by most analysts as a short-term dip.

Increasing demand in steel alloys and further development of vanadium battery applications, coupled with limited supply until 2022, is expected to sustain higher prices into 2019.

Algar continued: “We’ve seen the price come off and there’s a band between $10-$15 which we think the vanadium price is going to settle into.

Less favorable commentary

When vanadium prices went vertical earlier this year, I warned that the spike was not sustainable. In October, I said:

I’m skeptical that a 30% increase in use in Chinese rebar justifies a 500% increase over recent vanadium price lows. I’d still think this way, even if China were not in an escalating trade conflict with one of its biggest trading partners. With an average price in the [long term] chart near $5/lb., I’d say that $10/lb. would be a reasonable level. But that’s less than half of today’s prices—closer to a third.

I was right. Perhaps someone was listening, because the hot vanadium stocks of a couple months ago began correcting—hard—before the metal itself did. But that has now started as well.

An important point to make here is that if vanadium prices rebound in the immediate future, nothing changes. Vanadium prices have a history of spiking and retreating. The 2008 price peak looks flat at the top at a certain scale, but in fact, vanadium prices fluctuated near the top for some months before heading down for almost 10 years. You can see this in a longer-term chart.

Don’t be fooled. I was right to suspect that the near-term catalyst (the new Chinese rebar standard) was already priced in in advance. If I’m also right about $10/lb. being a good level for vanadium prices to settle at, pure vanadium plays have a very painful few months ahead of them.

On the other hand, I’m bullish on vanadium over the longer term. The metal has an important and potentially very large role to play in the new energy paradigm.

You see, while not (yet) practical for smaller applications like phones, cordless tools, or even cars, vanadium flow batteries are great for storing power on an industrial scale. You can power a town with a vanadium battery installation. This makes solar and wind power more practical for such large-scale applications. They’re relatively cheap too, and last decades.

This could—and I think likely will—become a major new source of demand for many years to come. What I’m less sure of is how quickly that demand will build. It has started, but it’s a slow start, with only a handful of projects announced so far. This market is going to take time to develop.

This is why I haven’t bought any pure play vanadium stocks yet.

Fortunately, vanadium often occurs in nature alongside other metals. Happily, uranium is one of the metals vanadium occurs with—and uranium looks likely to go much higher in 2019. Buying into a uranium play with a vanadium credit means we can gain exposure to possible near-term upside in vanadium if prices rebound, without much risk of harm if vanadium prices plunge instead. We get free upside if vanadium keeps going higher, with no downside if it doesn’t. I like trades with such asymmetrical risk and reward.

As for pure vanadium plays, I’m not a buyer these days. For those interested, the two I interviewed while vanadium was on its way up have much more going for them than just a good story. Here’s the First Vanadium interview, and here’s the Prophecy Development Corp interview. Both are down sharply in recent weeks, and could become bargains again during the final trading days of this year.

However, there’s absolutely no point in trying to catch a falling safe here. Let it smash. Plenty of time to pick over the wreckage then. We should be able top buy valuable, deeply oversold companies at stupid cheap prices when vanadium stabilizes.

https://www.kitco.com/commentaries/2018-12-24/Vanadium-How-to-Profit-from-Falling-Prices.html

Vanadium: The World’s Critical Element Fueling a Major Trade War
Print
Alert

NetworkNewsWire Editorial Coverage: The move towards the adoption of electric vehicles (EV’s) along with solar and wind power generation has sparked interest in what could become the next super metal: vanadium. The United States doesn’t currently produce vanadium; however, United Battery Metals (OTC: UBMCF) (CSE: UBM) (FWB: 0UL) (Profile) is in development of a world-class vanadium resource in Colorado. The vanadium redox battery (VRB) is a potentially revolutionary way to store energy, and major miners such as Largo Resources (TSX: LGO) (OTC: LGORF) may not be able to react quickly enough to offset the potential spike in vanadium demand. The adoption of VRB technology could provide a catalyst for the vanadium industry, a positive for companies such as Prophecy Development Corp. (TSX: PCY) (OTC: PRPCF), Vanadium One Energy Corp. (TSX.V: VONE),and First Vanadium Corp. (TSX.V: FVAN) (OTC: CCCCF), which are eager to serve this growing marketplace.


Critical to Security

The Department of the Interior deemed vanadium as one of the commodities considered critical to the economic and national security of the United States. This recognition is a result of President Donald J. Trump's executive order to break America's dependence on foreign minerals.

President Trump has moved relentlessly against China on trade policy, a country that happens to be the global leader in vanadium production by a wide margin. Without Chinese vanadium to depend on, the United Battery Metals' (OTC: UBMCF) (CSE: UBM) Wray Mesa, Colorado, project could help the US develop its own domestic vanadium supply. The price of V2O5 vanadium pentoxide flake 98 percent, a common form of vanadium, has increased significantly over the last three years.

The global shift toward EVs is growing stronger. According to Forbes, China is subsidizing the purchase price of an EV by as much as $10,000 per vehicle. Beijing wants to curb its dependency on dirty fuel sources, which has required the government to slash the number of new vehicle registrations allowed in Beijing this year from 150,000 to just 100,000. Of those 100,000, 60 percent must be an EV.

Vanadium redox batteries offer a potentially game-changing solution for stationary storage units and charging stations. Unlike lithium-ion batteries, VRBs can be charged and discharged simultaneously, allowing up to 50 vehicles to connect to VRB charging stations at the same time. This means the trend towards EVs could require significant amounts of vanadium in the form of charging infrastructure to provide energy to these new vehicles.

Until recently the steel industry used the majority of the vanadium supply as an additive to strengthen steel. Demand in the steel industry continues to grow, thanks in part to the current administration’s support of domestic steel production, which has caused companies such as US Steel to open new facilities and cancel plant closures nationwide. Now it looks like vanadium could be vital for cutting-edge battery technology in addition to being a steel additive. There are currently no active vanadium producers in the United States, meaning United Battery Metals could have a head start in development, thanks to its 3,000-acre land package in Wray Mesa.

In addition to the steel industry and car charging stations, VRB’s could play a critical role in grid power storage. Solar and wind power nationwide is a burgeoning industry that is growing exponentially with a shift to clean energy solutions. California has recently announced that by 2020 all homes and mid-rises will be required to install solar panels. It is here that VRBs can play a part. The ability to store power from low-usage periods and spill it back into the grid during peak demand periods makes VRB’s a far superior choice for large-scale energy storage than lithium-ion batteries. Experts predict that it is just a matter of time before this law will be adopted nationwide. Regulations such as these could become a big driver for vanadium demand in the United States, a country in desperate need of a domestic resource.

Growing Pressure on Battery Infrastructure

EV’s offer society an incredible transportation option that could drastically reduce carbon emissions. As the shift towards EV’s continues, a new network of charging stations could be necessary to provide the vehicles with electricity. With multiple governments already moving to regulate internal combustion engine vehicles, the move towards electric transportation has already begun, meaning the race is on to create the energy infrastructure necessary to support these new electric vehicles.

The electric vehicle revolution has required massive amounts of lithium to produce the lithium-ion batteries found in EV’s such as the Tesla. However, the next battery revolution could be built on a different resource altogether. As energy demands grow and the lithium-ion battery becomes as common as the lightbulb, new sources of energy have the potential to become the backbone of the next battery industry. In the case of vanadium, the unique properties of the metal have enabled new means of electric storage, which could greatly benefit vanadium miners such as UBM.

Vanadium: Enabling the Energy Storage Revolution

Vanadium redox batteries offer unique advantages that no other battery can match. Unlike lithium-ion batteries, VRB’s don't heat up when in use, and they can be charged and discharged at the same time. Today VRB’s are being developed to work in conjunction with renewable power sources and EV’s.

Unfortunately, there isn't currently enough vanadium in production to meet growing demand. For United Battery Metals, the vanadium supply crunch in the United States offers a potentially lucrative opportunity. The company has a large land package in a politically stable jurisdiction, and its Wray Mesa project has the potential to become the lone vanadium producer in the country.

VRB’s also solve a common problem for sustainable power sources, offering an almost perfect solution for storing power at stationary power stations. They offer a long service life and can be recycled when they need to be replaced. VRB’s can also charge and discharge simultaneously, meaning a VRB-based power station could be capable of charging itself through the grid while also providing energy to vehicles or other devices.

According to Forbes, the number of EV’s sold globally is expected to increase from 1.2 million in 2017 to 2 million in 2019. This trend could also greatly benefit vanadium miners such as United Battery Metals, which are capable of providing enough of the super metal necessary to jumpstart the next battery revolution.

A Head Start in the Race to Vanadium Production

United Battery Metals could be in a prime position to meet US demand with its wholly controlled Wray Mesa project in the UraVan district of Colorado. This year the USGS added vanadium to its list of strategic elements, meaning the Wray Mesa project could become incredibly important to the United States and its national interests as the country focuses on developing its own domestic resources.

Wray Mesa has a chance to become the next major source of vanadium in the United States. According to a 43-101 prepared in 2013, Wray Mesa is sitting on an estimated resource of 2,640,000 pounds of vanadium. The property is also close to the town of La Salle, which has access to established roads, and municipal water only six miles away.

With a global scramble to lock down large amounts of high-grade vanadium taking place, UBM could be in an optimal position to capitalize on the trend. The UruVan district has a history of producing both uranium and vanadium, with a number of small mom-and-pop mines populating the area. Colorado is also a mining-friendly jurisdiction with a solid track record of protecting resource investments.

United Battery Metals has put together a land package that has an estimated resource of more than 2.6 million pounds of vanadium; However, the resource model the company used is based on exploration results that likely understated the resource. Very little modern drill work has been undertaken in the UruVan district, meaning there could be a lot more vanadium waiting to be found during exploration.

Most of the elements that will drive the shift away from carbon-heavy power are in short supply. Metals such as vanadium and cobalt have been an afterthought to industry for decades; however, lately the price of these vital elements has been exploding.

Others in the Vanadium Space

Prophecy Development Corp. (TSX: PCY) (OTC: PRPCF) owns the Gibellini project in Nevada, which is one of the only large-scale, open-pit vanadium projects of its kind in North America. The project is currently undergoing EPCM and EIS preparation and could be the right project at the right time.

Vanadium One Energy Corp. (TSX.V: VONE) is a mineral exploration company whose mandate is to acquire vanadium and manganese mineral projects within North America. The company plans to define the economic potential of its properties, define end markets, and process and refine raw materials onsite to create a closed-loop supply chain with end users.

Largo Resources (TSX: LGO) (OTC: LGORF) is a strategic mineral company focused on the product of vanadium flake, high-purity vanadium flake, and high-purity vanadium powder. One of the lowest cost producers of V205, the company currently operates the Maracás Menchen Mine in Brazil, an open pit mine that boasts consistent, robust production rates.

First Vanadium Corp. (TSX.V: FVAN) (OTC: CCCCF) is another mining company developing projects in North America. The company is working to catch up with vanadium demand through its Carlin project in Nevada. The Carlin project was originally discovered by Union Carbide Corp. in the 1960s, including 127 rotary drill holes that have systematically defined near surface shallow dipping deposits. First Vanadium is also exploring a copper project just outside of Jerome, Arizona.

For more information on UBM, visit United Battery Metals Corp. (CSE: UBM) (OTC: UBMCF) (FWB: 0UL)

Please also read and review and the following article: Why Every Investor Should Learn the Word ‘Vanadium’ Before It’s Too Late

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Vanadium outlook 2019: Higher prices, smaller supply

After spiking to its 13-year high in November, the price of V2O5 flake used in energy storage has come down from roughly US$33 per pound to US$23.90. Ferrovanadium used in steel manufacturing also experienced a price drop and now sits at US$98 per kilogram.

However, insiders see the price decrease as a momentary hiccup, and expect the positive trajectory experienced in 2018 to continue.

“The expectation is that vanadium prices will continue to rise and the development of new mineral properties previously uneconomically viable will grow,” said CellCube’s Neylan. “Companies with high vanadium production costs will have difficulty if prices moderate or decline.”

This positive outlook was reiterated by Moore of Energy Fuels.

“We believe vanadium markets will remain strong in 2019 and 2020,” said Moore. “Today’s market strength is caused by significant production cuts, primarily in China, for environmental, health and safety reasons, along with significant increased demand, primarily due to new rebar standards in China that can only be met through increased use of vanadium.”

While producers remain optimistic that the price growth will stay the course, Roskill gave a more subdued outlook.

In fact, according to Bedder, price growth could negatively impact the VRFB sector.

“Roskill’s baseline forecasts suggest that demand from this sector may plateau for some years until vanadium supply increases and prices retreat,” he said.

While there are a number of vanadium projects at various levels of development around the world, meeting increased demand could prove harder than many anticipate.

“The key question for the market is how will supply increase to meet demand,” added Bedder. “There is only so much more material that can come from co-production in China, especially during a period of environmental inspections and steel industry consolidations.”

“We expect prices to remain high for some time — so it’s the perfect time to finance and develop a project,” he said.

source: https://investingnews.com/daily/resource-investing/battery-metals-investing/vanadium-investing/vanadium-outlook/

Casey Research has major reach in the investment newsletter world and they are promoting vanadium redox flow batteries like they are the second coming! Just read through this marketing piece and you'll see what I'm talking about:

This is quite long but worth it if you are in or considering FVANF

https://secure.caseyresearch.com/?cid=MKT402707&eid=MKT404806&step=start&plcid=PLC047123&assetId=AST103469&page=2

Gold Investment News Letter video

Paul Cowley, CEO of First Vanadium Corp. giving a corporate presentation at the Metals Investor Forum January 18-19, 2019
Recent video

First Vanadium Corp. (FVAN:TSX.V; FVANF:OTCQB) is one of the better known vanadium companies. Its CEO, Paul Cowley, can be seen in a number of video clips that I linked to at the bottom of the page. Despite being a blue chip name, First Vanadium's market cap is just US$19.5 million. This, for a company that claims to have the highest-grade primary vanadium project in North America, and a plan to fast-track its flagship project in Nevada. To top it all off, management just released a summary of its maiden mineral resource estimate.

The maiden mineral resource estimate came in at 303 million Indicated pounds of V2O5 (vanadium pentoxide) @ 0.615% & 75 million Inferred pounds of V2O5 @ 0.52%. That represents a moderate increase in size and grade from the historical resource estimate of 289 million Inferred pounds of V2O5 @ 0.515%. Importantly, 80% of the new resource (in pounds of V2O5) is in the Indicated category. At the current vanadium pentoxide price of US$17.60/lb., the in-situ value of First Vanadium's 303 million Indicated pounds of V2O5 alone = US$ 5.33 billion. That's about 275x its market cap. Note: in-situ values can be misleading for early-stage projects, but they can be compared to peers at similar stage.

Is vanadium for real? Will Vanadium Redox Flow Batteries cause demand and prices of vanadium pentoxide (V2O5) to soar? Will global infrastructure projects demand greatly increased amounts of vanadium-strengthened steel rebar? Please continue reading for answers to these and many other important questions.

Note: Peter Epstein and Epstein Research have no prior or existing relationship with CEO Paul Cowley or First Vanadium.

https://www.streetwisereports.com/article/2019/02/28/first-vanadium-a-high-grade-primary-vanadium-project-in-the-us.html

Why Vanadium

A Highly Sought, Strategic Mineral Critical to Industries Ranging from Steel to Utility Scale Battery Storage Technology

The Mineral of Choice for Next Generation Battery Storage Technology and Renewable Energy Applications


Vanadium's Advantages:

Used in Steel Manufacturing to Add Strength and Corrosion Resistance

One Third the Cost of Lithium Energy Storage and Batteries
Can Rapidly Release Large Amounts of Electricity

Great for Industrial Applications, Highly Scalable for Manufacturing

Vanadium Electrolyte is Reusable, Recyclable, and has a Battery Lifespan of 25+ Years

Non Flammable and Extremely Safe

Used in Power Grids to Substantially Improve Power Management

First Vanadium More than Doubles the Size of Its Carlin Vanadium Property in Nevada

Vancouver, British Columbia--(Newsfile Corp. - March 19, 2019) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) (formerly Cornerstone Metals Inc.) (“First Vanadium” or the “Company”) is pleased to announce that it has more than doubled the size of its Carlin Vanadium Property from 1,331 acres to 3,177 acres. The Company has staked and filed with the Bureau of Land Management (BLM) 1,846 acres of unpatented lode claims over Federal lands adjacent to and proximal to the original core claims. The new claims provide the Company with a larger working area around the Carlin Vanadium deposit.

Vanadium is growing in importance for key industrial manufacturing sectors most notably steel and renewable energy. Today, more than 90% of the world's vanadium is used in steel manufacturing applications. Its importance to the energy sector is also growing rapidly with more than 5% of vanadium production used in energy storage where its substantial cost and performance benefits make it an alternative choice to lithium ion in several areas.

I was just added as Moderator to this board. I created the intro. And now good to go. Hope to see some new interest on this board soon.
This stock deserves more attention.

A little piece from the Gold Investment News Letter

It’s a story that’ll soon appear in The Wall Street Journal.

One of their reporters could be writing it as we speak.

That’s why you must get in now before the stampede of investors and institutional money.

I have a full write up on this stock recommendation in a free report that I want to give you.

It’s the result of five months of speaking with executives, reviewing mines, crunching numbers, and analyzing this industry.

It details everything from this company’s vanadium deposit, their equipment, their management team, their financials, and how they’re positioning themselves to be the star player in America’s vanadium mining revolution.

You’ll also get this stock’s name, it’s ticker symbol, and you’ll see exactly how much per share to buy up to. Remember, this company is small which means investing in it inherently has more risk than, say, a big established miner or blue chip. This isn’t a play to bet the farm on or chase in price.

This report is titled…

64X Your Money from America’s New Security Initiative

Eric Muschinski of the Gold Investment Letter is promoting this stock. He puts a lot of his own money in the plays he promotes. For me this adds support and validation for this investment.

C A R L I N V A N A D I U M P R O J E C T
NORTH AMERICA’S LARGEST, HIGHEST GRADE
P R I M A R Y VA N A D I U M R E S O U R C E

https://firstvanadium.com/images/Presentation/2019/abr/First_Vanadium_Deck_April_2019.pdf

Time for this stock to wake up.

First Vanadium Corp. Set to Change the Resource Landscape
BY PR Newswire
— 9:32 AM ET 02/28/2019

BALTIMORE, Maryland, Feb. 28, 2019 /PRNewswire/ -- Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new Company Spotlight article on high profile junior mining company First Vanadium Corp. ( FVANF) .

To view this article, along with disclosures and disclaimers, or to download them in their entirety, please visit http://www.goldmanresearch.com.

In the Goldman Small Cap Research Company Spotlight article, analyst Rob Goldman features an analysis of recent events and potential future share price valuations. There are key factors in play with First Vanadium ( FVANF
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) which we believe will drive the valuation in these shares, going forward:

Largest and highest grade vanadium deposit in North America; best-performing metal in 2018

"First Vanadium ( FVANF
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) owns exclusive mineral rights to the noted Carlin Vanadium Project in North Central Nevada, which contains the largest and highest grade primary vanadium deposit in North America. Vanadium is an extremely valuable and highly sought-after, strategic mineral that is critical to a number of industries. It is found in the production of steel, along with industrial and utility-scale battery storage technology. This deposit could reduce U.S. potential reliance on vanadium sourcing from China and other producers."

New programs indicate in-ground metal deposit of $6.5B---up from $5B previously

"The Company's new programs indicate in-ground metal deposit of $6.5B---up from $5B previously. FVAN spent about $1 million in the drilling and added about US$1.5 billion of new in-the-ground metal value (at spot price of US$17.60/lb), displaying tremendous leverage. With 378 million pounds of V2O5 at spot US$17.60/lb the deposit now has an in-the-ground metal of over US$6.6B. FVAN has 31.83 million tons combined, on an indicated and inferred basis. "

Industry Drivers to Generate Major Interest in FVAN's Stock

"Industry Drivers are primed to generate major interest in FVAN's stock. The use of vanadium in green and clean energy battery storage products is on the rise and could eventually exceed the use of lithium-ion in large power storage applications, a standard-bearer in energy storage projects and the electric vehicle market. The Chinese government recently changed its regulations requiring improvement of steel quality which prompted the incorporation of vanadium in rebar and prompted an industry price rise which is expected to continue through 2019."

Landmark updated deposit news serves as a major catalyst to drive FVAN stock higher

"The landmark updated deposit news serves as a major catalyst to drive FVAN stock higher and prompts an economic study which could eventually lead to future milestones on the road to production. It is important to note that during the lifecycle of junior mining companies, there are a few events which serve as catalysts that drive the largest historical rises in value. Given the magnitude of the upward shift in value based on the recent news, we believe that this is one of those events. Therefore, FVAN's news and milestone-driven stock appears on the path to return to its 52-week high of US$1.60, and likely approach the $3 mark."

CCCCF changed to FVANF:

http://otce.finra.org/DLSymbolNameChanges

Analysis Report on United Battery Metals

Analysts from across the industry are returning with positive recommendations concerning United Battery Metals Corp. (OTCBB:UBMCF, CSE:UBM, FWB: 0UL), a junior vanadium miner in development of an impressive resource in Wray Mesa, Colorado.

Read the full report at: https://microsmallcap.com/analysis-report-of-united-battery-metals-corp

United Battery Metals Corp. Up 8.89%!

Penny Stocks to Watch: United Battery Metals Corp. (OTC:UBMCF) (CSE:UBM)

United Battery Metals Corp. stock is trading up $0.12, or +8.89%, bringing the stock price to $1.47 currently on the CSE. The stock price has hit a low of $1.43 and a high of $1.51. The Company's trading volume is 353,344. So far, there have been 237 stock trades. United Battery Metals Corp. has a market cap of $36.58 million, with 24.89 shares in issue.

United Battery Metals Corp. recently arranged for a $500,000 private placement which will be used to continue the exploration of the company’s Wray Mesa vanadium project in Colorado.

Penny Stocks to Watch: United Battery Metals Corp. (OTC:UBMCF) (CSE:UBM)

Has There Been A Better Time To Be Invested In Vanadium?

In recent weeks, market analysts have been buzzing about the future of vanadium and the value that it can provide as a means of energy storage, even go as far as branding it as a “super metal”.

This morning news emerged that Largo (TSX:LGO) has been allowed to expand a vanadium mine in Brazil, with some reports claiming that it will allow them to increase their output by as much as 25%. According to the statement, this mine boasts “one of the highest-grade vanadium resources in the world and is one of the lowest cost producers of the material in the market”. This substantial increase in capacity on time and on budget definitely makes Largo’s stock one to watch going forward.

This follows recent reports that United Battery Metals (CSE:UBM) (OTCBPK:UBMCF) have tripled their land position in their Wray Mesa project to over 3,000 acres where they’ll carry out a wide range of work such as geologic mapping, surfing reconnaissance, and geochemical sampling which will help them to identify potential drill targets. I’ll definitely be keeping a close eye on press releases going forward to see what the outlook is for UBM as the work continues.

Thanks for your suggestions.

Thanks for your suggestions.