Vanadium
Refining & Grade Specs
Vanadium Refining Methods and Grade Specifications
The transformation of Vanadium concentrate into refined products suitable for industrial use requires specialized metallurgical and chemical processes. Vanadium is refined into 4 primary commercial forms, each serving specific end-use sectors.
Price
5-10
$/lb V2O5
Benchmark
Fastmarkets/Metal Bulletin
Ore Grade
Byproduct - 0.3-1.5% V2O5 in magnetite ores
Product Forms
4
Commercial grades
Refining Processes
The primary refining and processing pathways for Vanadium include:
- Salt roasting of steel slag
- Solvent extraction
- Fusion and leaching
Product Forms and Grade Specifications
Refined Vanadium is available in the following commercial forms, each with specific purity requirements:
| Product Form | Purity / Grade | Primary Application |
|---|---|---|
| Vanadium pentoxide (V2O5) | 98-99.5% | Steel alloying, catalyst, VRFB electrolyte |
| Ferrovanadium (FeV) | 50-80% V | Steel microalloying (primary market) |
| Vanadium electrolyte (V2+/V3+/V4+/V5+ solution) | Battery grade | Vanadium redox flow battery (VRFB) electrolyte |
| Vanadium trioxide (V2O3) | Various | Specialty chemical applications |
Quality Standards and Benchmarks
International standards for Vanadium products are established by organizations such as ASTM International and various national standards bodies. Pricing is referenced against Fastmarkets/Metal Bulletin assessments. These standards define minimum purity levels, acceptable impurity limits, and testing methodologies that facilitate international trade.
Refining Capacity and Geography
Global refining capacity for Vanadium is concentrated in a limited number of countries. China controls approximately 55% of primary production and plays a significant role in downstream refining. Efforts to diversify refining capacity are a key priority for governments seeking to reduce supply chain dependencies, particularly in the high-strength steel alloys sector.
More on Vanadium
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Uses & Applications
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Supply Chain
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Mining & Processing
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Substitutes
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