As China and India change their building codes so the buildings can withstand earthquakes, the amount of vanadium that goes into the rebar increases. The steel industry has been growing at about 3.8% over the last 10 years. Vanadium in that steel is growing at about 8% because they need more vanadium and it is being dictated that they have to use more vanadium in building steel. That is over 90%. There is also vanadium going into titanium alloys for the aerospace industry and that is huge. But, the most exciting component of the vanadium space is vanadium redox battery.” States Dr. Richard Spencer, CEO, President and Director of U3O8 Corp. (TSX: UWE | OTCQB: UWEFF), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.
Latest Press Releases
- U3O8 Corp to Resume TradingApril 27, 2020 - 12:01 pm
- U3O8 Corp. Announces the Termination of the Binding Letter of Intent with Diagnostic Lab Corporation, Inc. and Postpones Reporting of Fourth Quarter and 2019 Full-Year Reporting Due to Delays Caused by COVID-19 PandemicMarch 30, 2020 - 10:53 am
- U3O8 Corp Announces Proposed Reverse Takeover Transaction With Diagnostic Lab Corporation, Inc.March 3, 2020 - 9:00 am
- U3O8 Corp Updates on Transfer to NEX BoardFebruary 25, 2020 - 9:00 am