APAFF - Vanadium Miners News For The Month Of February 2019
Welcome to Vanadium miners news. February saw China vanadium spot prices rise slightly after the roller coaster ride of the past 6 months. Vanadium producers reported stellar profits with Energy Fuels (UUUU) becoming a new vanadium producer, and the juniors continue to progress well.
Vanadium uses
Vanadium is traditionally used to harden steel. However 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