ATVVF - Vanadium Miners News For The Month Of March 2020
Welcome to Vanadium miners news. March saw vanadium prices move lower and an interesting month of vanadium market news where we meet the inventor of the Vanadium Redox Flow Battery [VRFB].
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