Vanadium needs a big player in the global battery market to get behind the metal to share center stage with other energy-storage components such as lithium.
Authorities may consider potential revisions to the mining laws in order to make companies that already own concessions to work on them or else give them up.
Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.
One of the main problems, says the head of Chile’s Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.