ENERGY MINERALS

Vanadium price on runway to historical highs

Divergent vanadium supply and demand dynamics have set up the market for an estimated 23,000-tonne deficit by 2025, providing a platform for prices to spike to historical highs in the coming months, Pittsburgh-based industry analyst TTP Squared president Terry Perles says.

Henry Lazenby in Vancouver
Largo Resources is positioned to benefit from rising vanadium prices after a precarious start in Brazil. Image: Henry Lazenby

Largo Resources is positioned to benefit from rising vanadium prices after a precarious start in Brazil. Image: Henry Lazenby

His research has shown vanadium consumption is conservatively forecast to grow at a compound annual growth rate of 5.6%, reaching 133,000t in 2025, which by far outpaces forecast production, including...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.