Aura Energy Achieves Two-Fold Increase In Vanadium Price

Date: Nov 1, 2018

Aura Energy Limited today confirmed the significant work progress at Häggån Vanadium Project along with reporting a significant rise in vanadium price.

At the end of September quarter Vanadium price was outstanding at US$33.90/lb, a 2-fold increase from last quarter. It reflects the increase of approximately more than 900 percent over the past three years, driven by significant structural shifts in the Chinese steel industry where there has been around 300 percent increase in vanadium use.

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