Coming into effect yesterday was China’s new high strength rebar standard, which is set to incorporate more vanadium in its steel rebar. In the last two years alone, vanadium price has spiked over 840 per cent in part, because of this standard.
Which makes it a step that could aid worldwide vanadium consumption…
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.