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China the key to vanadium recovery, says Bushveld CEO

Rising demand for vanadium in China should push the market into deficit and drive an increase in prices, Bushveld Minerals’ CEO Fortune Mojapelo has told Mining Journal.

China the key to vanadium recovery, says Bushveld CEO China the key to vanadium recovery, says Bushveld CEO China the key to vanadium recovery, says Bushveld CEO China the key to vanadium recovery, says Bushveld CEO China the key to vanadium recovery, says Bushveld CEO

Bushveld Minerals' Vametco integrated mining and processing plant, located 8 km northeast of Brits in the North West Province of South Africa

Vanadium prices have remained subdued so far this year after a slow 2019, falling to US$22.5/kg of ferrovanadium (FeV) in March, down from more than $120/kg FeV at the end of 2018.