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Adriaan Bakker, VanadiumCorp's CEO, commented: "VanadiumCorp is excited to be working with Strategic, who has identified the potential of our patented green process technology. As the Mustavaara Project encompasses a formerly producing vanadium-iron- mine, it represents a potential paradigm shift toward green metallurgical recovery methods. Located in Finland, sustainable recovery of vanadium and other critical metals at Mustavaara would represent an exciting development in the region and the EU.
I still think we are 3 weeks away from trading. Changes are coming and this won’t happen again. There will be news on a whole number of fronts prior to coming back to trade. Unfortunately I can’t elaborate more on that front. Lot’s of positive developments are in the works. The price of Vanadium is almost at $9 US/lb which is great. I also hear that the Quebec Government has approved a new major rail line project between the coast and Chibougamau to promote development in the area and solve the bottle neck in the rail capacity in the area. This is a major development.