RDRUY - Vanadium Miners News For The Month Of March 2019
Welcome to Vanadium miners news. March saw China vanadium spot prices slightly lower. Generally it was a quiet month of news for the vanadium miners, except for the financial reporting.
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 15.80/lb