Investor Presentaiton
MTV
350,000
Vanadium production and consumption forecast
Supply deficit predicted to grow from 2024 onwards
Australian
VANADIUM
LIMITED
300,000
250,000
200,000
150,000
100,000
50,000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023e
Steel and specialty chemicals
Corporate Presentation | March 2024 | ASX:AVL
Energy storage
Supply
2024e
312,000 MTV
174,633
2025e
2026e
2027e
2028e
2029e
2030e
01
Supply forecast
includes growth from
existing primary and
secondary sources
02
Increased supply
almost covers steel
demand only
03
Predicted growth in
VFB market demand
requires 90% more
vanadium supply than
steel market in 2030
Source: 1. US based vanadium specialist: TTP Squared, Inc.
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