UUUU - Vanadium Miners News For The Month Of December 2019
Welcome to Vanadium miners news. December saw vanadium prices slightly lower and quite a busy month for the vanadium junior miners.
Vanadium uses
Vanadium is traditionally used to harden steel. New Chinese rebar standards are requiring more vanadium. Also, Vanadium Flow Batteries [VRFBs] are becoming increasingly popular especially for commercial energy storage, most notably in China. Vanadium Pentoxide [V2O5] is used in VRFBs, and Ferrovanadium [FeV] is used in the steel industry.
Vanadium spot price history
China Vanadium Pentoxide [V2O5] Flake 98% Price = USD 6.10/lb
China Ferrovanadium [FeV] 80% Price = USD 28.50
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