SILEF - Vanadium Miners News For The Month Of May 2020
Welcome to Vanadium miners news. May saw vanadium prices flat for the month and a busy month of vanadium company news.
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% one-year chart - Price = USD 6.20/lb
China Ferrovanadium (FeV) 80% Price =