ATVVF - Vanadium Miners News For The Month Of February 2020
Welcome to Vanadium miners news. February saw vanadium prices move higher after falling for over a year.
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% 1-year chart - Price = USD 6.70/lb
China Vanadium Pentoxide [V2O5] Flake 98% 3-year chart
China Ferrovanadium