Sino Vanadium Inc.
TSX VENTURE : SVX

Sino Vanadium Inc.

May 18, 2010 17:00 ET

Sino Vanadium Presents at Energy Metals Investment Forum

TORONTO, ONTARIO and XIAN, CHINA--(Marketwire - May 18, 2010) - The Board of Sino Vanadium Inc. (TSX VENTURE:SVX), a late-stage vanadium pentoxide (V205) play, is pleased to announce that its newly appointed president and COO, Enrique Lopez de Mesa, is a featured speaker at the Energy Metals & Rare Earth Investment Forum in Zurich (May 18, 2010) and Geneva (May 21, 2010). 

The Energy Metals conference underlines the growing significance of vanadium as a strategic metal. In addition to its well-understood role in creating high-strength, low-alloy steel for building and aerospace, vanadium's use in rechargeable lithium batteries provides higher energy, higher power, and substantially longer life, and vanadium redox cells permit large-scale, grid-level energy storage for utilities and energy producers.

Mr. Lopez de Mesa will present the highlights of Sino Vanadium's story to members of the European investment community, speaking along with such experts as Dr. Jon Hykawy of Byron Capital, recognized as one of the investment community's foremore analysts on energy metals, Dr. Michael A. Berry, publisher of Morning Notes, and Mr. John Kaiser, well-known analyst and publisher of Kaiser Bottom-Fish Online. Key to the Sino Vanadium presentation will be the following:

  • SVX's world-class deposit at Daquan, with a 43-101-compliant report indicating low-cost of production (about $3.50, with current commodity pricing at $7.30);
  • The proximity of the deposit to the Chinese steel industry, indicating ease of access to users; and
  • The potential prospects for V205 not only in the steel industry, which uses 85 percent of the world's V205 production, but in the energy storage sector, with new and existing technologies to improve batteries for cars, technology, and large-scale, power-grid uses.

"With Sino Vanadium's Daquan project, the Company has the potential to become a significant producer of vanadium pentoxide (V2O5)," said Mr. Lopez de Mesa. "Management sees the growth of global demand for vanadium as a key driver of this project, and several identified acquisition prospects could further improve the Company's position. Our purpose is to communicate the Company's potential to a broader audience as part of a disciplined investor relations program."

About Sino Vanadium

The Company owns 100% of the Daquan property in Shaanxi province, China. The property contains a world-class vanadium deposit in an indicated resource of 330mm lbs. (15.9M t) at an average grade of 0.95% and an inferred resource of 370mm lbs. (18.7M t) at an average grade of 0.92% of vanadium pentoxide (V2O5) with an NPV of $878,318,000, as per its NI 43-101-compliant report, available on SEDAR (www.sedar.com). Mineral resources that are not mineral reserves have no demonstrated economic viability. China is the world's largest single consumer of vanadium, which it uses for high-strength steel and titanium alloys and high-energy, high-power, extra-long-life batteries. Currently, the Company is reviewing potential vanadium property acquisitions. The Company's objective is to create shareholder value through the consolidation of vanadium development and production. For further information, please visit www.sinovanadium.com.

Forward-Looking Statements

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management of the Company's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral resources, the realization of estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, and potential acquisitions.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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