V

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:

  1. Salt roasting of steel slag
  2. Solvent extraction
  3. 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.

Return to the Vanadium hub page or browse the full Mineral Library.