The vanadium market has gained a lot of attention in recent years due to new national standards for rebar in China, as well as growing demand for products like the Vanadium Redox Flow Battery (VRFB).
This increasing need for vanadium sent the prices soaring in 2018, reaching highs not seen in more than a decade. And the future looks just as bright, with Acumen Research and Consulting expecting the vanadium market to be worth approximately $56 billion USD by 2026.
If you look at the growing demand for new vanadium projects and the dwindling ...
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