CSA sees good signs for vanadium outlook
Date: Nov 15, 2018
MUCH would appear either in train or trending in the right direction for a sustained period of strong vanadium pricing, based on an assessment of the sector by CSA Global.
Speaking at the Technology and Low Emission Minerals Conference in Perth yesterday, CSA’s Tony Donaghy pointed to ongoing deficits for the element for the next 10 years.
Currently produced primarily as a by-product, demand for the element is set to continue to strengthen as its greater use in standard applications – such as strengthening steel – is potentially compounded by its use in vanadium redox flow batteries (VRFB).
