One metal is defying the general gloom of the mining markets.
Its price is up more than 800 percent in the past two years and is now near an all-time record high.
All-time is a long time for this metal. It has roots in the BC era as the material that allowed Damascus swords to be so strong and flexible.
In the modern era, it was one of the ingredients that allowed Henry Ford’s “Model T” to be such an early hit with the masses. It was even touted in early advertisements for the car.
I am talking about vanadium.
Jubilee Metals Group Plc (LON:JLP) is a diversified metals recovery company with a focus on reprocessing of historical surface mine waste and materials. The Company has secured surface platinum-bearing tailings to recover PGMs and chromite, lead, zinc and vanadium bearing tailings in Zambia and holds the mining right (granted March 2017) to a primary PGM project in the Eastern Bushveld complex.