Tiger Brokers

BUZZ-Australia's Vanadium Resources hits over two-week high on supply order proposals

Reuters
Sep 25, 2025
BUZZ-Australia's Vanadium Resources hits over two-week high on supply order proposals

** Shares Of Australia's Vanadium Resources VR8.AX rise as much as 16.1% to A$0.036, their highest since September 8

** Vanadium producer says received interest from multiple credible third parties in China, Japan, and Europe for its planned ore supply, with offers at higher pricing than those discussed with existing offtake partner

** Co had signed a binding agreement with China Precious Asia (CPAL) to supply vanadium-rich magnetite ore in July, but the parties have not yet agreed on pricing

** Says compelled to explore competing proposals

** Around 2.6 mln shares change hands, 1.9x the 30-day avg trading volume

** YTD, stock up 16.1%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10