Coinmaker, For Vanadium EGZ.v Energizer resources is another company you might want to check out. I purchased it recently after Obamas speech.
Heres a few blurbs off a couple recent PR's
About the Green Giant Vanadium Project
The Green Giant vanadium project, located in Madagascar, is 100% owned by Energizer. The Company has a National Instrument 43-101 compliant indicated resource estimate of 49.5 million tonnes at an average grade of 0.693% vanadium pentoxide ("V2O5") containing 756.3 million pounds of V2O5 and an inferred resource of 9.7 million tonnes at an average grade of 0.632% V2O5 containing 134.5 million pounds of V2O5. With this resource estimate, the Green Giant deposit currently ranks as the third largest known vanadium deposit in the world, with 75% of the 21-kilometre (18 mile) stratigraphic trend of vanadium remaining open for drilling.
The Green Giant vanadium is unique in that it is sediment-hosted, in contrast to the majority of known vanadium deposits which are magnetite-hosted. As a result of this geological difference, the metallurgical process for the Green Giant vanadium is different from that used by other vanadium producers.
The unique characteristics of the Green Giant vanadium will allow the Company to produce a high purity vanadium product - called vanadium pentoxide or V2O5 - required for emerging battery technologies using vanadium. V2O5 can also be used in traditional steel applications. Ferrovanadium, which is the usual end-product from magnetite-hosted deposits, can only be used for steel applications.
Julie Lee Harrs, President and Chief Operating Officer of the Company, said, "As we see more and more evidence in the marketplace of commercial applications of vanadium-based battery technologies, such as the vanadium redox batteries, a great opportunity exists for vanadium producers who can provide the necessary high purity vanadium. Energizer's Green Giant project is being positioned to meet this anticipated new demand for high purity vanadium, as well as the anticipated 7% annual growth in demand for vanadium from the steel industry. The sheer size of the Green Giant deposit will allow the Company to scale the project to meet the increase in demand for vanadium and to provide the sureness of supply and price required by vanadium end users. Please visit our website at www.energizerresources.com to learn more about the two-sided growth story of vanadium - steady growth from traditional steel applications and explosive growth from emerging battery technologies."
AI
