Welcome to Vanadium miners news. November saw vanadium prices lower and plenty of news from the vanadium producers and juniors. Looking at current very low vanadium spot prices approaching the marginal cost of production, it looks like the bottom is very near.
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.