Four Vanadium Frontiers for a Changing Market
The world’s largest vanadium-producing nation is in trouble — where in the world will miners look next?
The world’s largest vanadium-producing nation is in trouble — where in the world will miners look next?
American Vanadium will target the premium chemical and titanium alloying sectors and not the steel sector for the vanadium it produces. Applications in these sectors require a higher grade of the mineral and will fetch a higher price
Vanadium redox battery are gaining the attention of commercial operations as well as governments as a large scale energy storage solution.
The demand for vanadium will be driven by high strength low alloy steel, which will be needed in rebuilding Japan's infrastructure.
There are currently no primary producing vanadium mines in either the United States or Canada despite the fact that the continent contains significant deposits of the mineral. For now, this critical material for both the steel industry and a growing renewable energy market must be imported from overseas.This could change, with plans for mining to start in North America as early as 2012.
Get our independent commentary on vanadium trends and companies delivered to your inbox.