Uranium Exploration (U3O8)

[NYBob]

RE: 'VANADIUM' on 'Uranium Exploration' -
Ex.
Uses of Vanadium =

Alloys containing vanadium are stronger and lighter, and is
finding expanding use in construction and transport industries.
Vanadium’s principal use is as a strengthening addition
in carbon steel and high strength steel used in structural
applications such as gas and oil pipelines, reinforcing
bars in building and construction, tool steel and
automotive use.

Titanium aluminum vanadium alloys are used in aircraft
components, high speed air frames, rocket motor casings
and gas turbines.

Non steel use includes super alloys, welding magnets and
alloys used in nuclear engineering and superconductors.
Vanadium chemicals and catalysts are used in
the manufacture of sulphuric acid, maleic anhydride,
EPDR rubber and desulphurization of sour gas and oil.

Vanadium products are generally sold via short term
(6-12 months) FOB counter-party contracts between
producers and end users or producers and traders.
The UK based Metal Bulletin organisation publishes a
twice weekly price which is used by the industry as
the de-facto spot price.

Vanadium is sold in a number of forms; either as an oxide
as Vanadium Pentoxide (V205), or less commonly as
Vanadium Trioxide (V203), or as an alloy of iron and
vanadium commonly as FeV80 (80% contained vanadium)
or FeV50.
V205 is typically quoted in USD per pound whilst FeV is
quoted in USD per kilogram.

Ex. of operating modern Vanadium mine -
The combined resource in all categories stands at 147.75 Mt at 0.46% V2O5.

vs. RSDS on the web site said the old mine average about 1% Vanadium plus the Uranium?


Owned by Xstrata plc - one of the worlds largest mining companies -
http://www.pmal.com.au/about_windimurra.16.html

http://www.investorshub.com/boards/read_msg.asp?message_id=20902439

http://www.investorshub.com/boards/board.asp?board_id=7773