Welcome to Vanadium miners news. April saw China vanadium spot prices fall quite heavily to reach new yearly lows. The vanadium producers warn of lower profits due to the vanadium price fall, and AMG announces a share buyback. The vanadium juniors continue to progress well with several announcing significant resource upgrades.
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