Vanadium Industry Annual Report 2020
2021-03-23 14:25:45 【Print】
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Contents
1. Definition, Type, Distribution, Applications 5
1.1 Definition 5
1.2 Type 5
1.2.1 Ammonium metavanadate 5
1.2.2 Vanadium pentoxide flake 5
1.2.3 Vanadium pentoxide powder 5
1.2.4 Ferrovanadium 5
1.2.5 Vanadium nitride 5
1.3 Distribution 5
1.3.1 Ammonium metavadate 5
1.3.2 Vanadium pentoxide flake 6
1.3.3 Vanadium pentoxide powder 6
1.3.4 Ferrovanadium 6
1.3.5 Vanadium nitride 6
1.4 Applications 6
2. Economy and Policy 7
2.1 China accelerated the pace of financial liberalization to mitigate the impact of the epidemic on global supply chains 7
2.1 The outbreak of COVI-19 strikes global financial market 7
2.3 The central bank provides additional loans to protect the national economy from the impact of COVID-19 7
2.4 IMF managing director: the world economy has fallen into recession 7
2.5 Ministry of commerce: To expand imports and make every effort to stabilize foreign trade 7
2.6 There is no growth target for China's GDP in 2020 7
2.7 COVID-19 would shrink US GDP by nearly USD8 trillion over the next decade 7
2.8 China's foreign trade exports grow against the trend 7
2.9 Positive PMI data are optimistic about China's economic recovery 7
2.10 The profits of State-Owned enterprises in June start to show positive 7
2.11 Central Bank Governor: China's economy to achieve positive growth for the whole year 7
2.12 JP. Morgan: China's GDP may return to its normal level before the COVID-19 in the fourth quarter 7
2.13 IMF: Global GDP would fall by 4.4% in 2020 7
2.14 China becomes the only country with positive economic growth due to its effective prevention of COVID-19 7
2.15 Foreign Media: Chinese economic growth drives Asian economic recovery 8
2.16 The situation of the second round of COVID-19 keeps grim, and Europe once again collectively seals off countries 8
2.17 China would actively join the FREE Trade Area of the Asia-Pacific (FTAAP) 8
2.18 ADB: Growth of developing economies in Asia would rebound to 6.8% by 2021 8
2.19 RMB loans increases by USD3029.3 billion in 2020 8
2.20 China's GDP breaks up RMB100 trillion for the first time in 2020 8
2.21 The World Bank: China's economic recovery will be stronger in 2021 8
2.22 China's foreign trade grows by 1.9% in 2020 8
3. Market Movements 8
3.1 Domestic Market 8
3.1.1 Ammonium Metavanadate 98%min EXW China 8
3.1.2 Vanadium pentoxide flake 98%min EXW China 9
3.1.3 Ferrovanadium 50%min delivered China 10
3.1.4 Vanadium nitride N14%min V77%min delivered China 11
3.2 International Market 12
3.2.1 Ferrovanadium 80%min in warehouse Rotterdam 12
3.2.2 Vanadium pentoxide flake 98%min in warehouse Rotterdam 13
3.2.3 Ferrovanadium 80%min in warehouse Pittsburgh 14
3.2.4 Ferrovanadium 50%min in warehouse Russia 15
4. Company News 16
4.1 Vanadium One Iron announces metallurgical test work results at Mont Sorcier Iron Ore and Vanadium Project 16
4.2 aya Power cooperates with IIT Delhi to develop VRFB 16
4.3 Strategic Resources acquires Mustavaara vanadium-iron-titanium mine in Finland 16
4.4 Tianma Xinglong's vanadium-titanium magnetite project in South Africa starts construction 16
4.5 Western Uranium & Vanadium provides mining update on Sunday Mine Complex Project 16
4.6 First digital production line of vanadium nitride built in China 16
4.8 Largo Resources announces expiration of vanadium off-take agreement with Glencore 17
4.9 Heilongjiang Jianlong puts into production for the second vanadium nitride production line 17
4.10 EVRAZ launches global vanadium R&D initiative 17
4.11 First Vanadium announces positive PEA for Vanadium Project in Nevada 17
4.12 West Mining Vanadium Technology to join China's ammonium metavanadate industry 17
4.13 Quanzhou Fengpeng to produce ammonium metavanadate 17
4.14 Technology Metals Australia raises $2.049M to advance Gabanintha Vanadium Project 17
4.15 US launches Section 232 probe into vanadium imports 17
4.16 Chongyang Jiufu Technology puts into use for the second vanadium nitride production line 17
4.17 Regency Mines to restart exploration at Dempster Vanadium Project in August 17
4.18 Huludao New Hengtai delays the production plan of ammonium metavanadate 18
4.19 Chongyang Xinrui Vanadium stops the supply of ferrovanadium completely 18
4.20 Vanadium Corp announces private placement to advance Lac Dore Vanadium Project 18
4.21 Evraz maintains prices of vanadium pentoxide flake to China stability 18
4.22 Vietnam Youngsun reduces output of ammonium metavanadate 18
4.23 Thor Mining completes acquisition of American Vanadium 18
4.24 South Africa TAM to supply vanadium titano-magnetite to China 18
4.25 Nortec Minerals announces exploration program on Cottonwood Uranium-Vanadium Project 18
4.26 Nevada Vanadium completes acquisition of Bisoni Vanadium Project 18
4.27 Zhongfan Changsheng puts into use the second vanadium nitride production line 19
4.28 Horizon Minerals reports positive PFS results for Richmond-Julia Creek Vanadium Project 19
4.29 TNG sets up vanadium redox flow battery business 19
4.30 Neometals' mini-pilot program at WA Vanadium Recovery Project yields strong vanadium results 19
4.31 Pangang Vanadium & Titanium's subsidiary plans to buy 51% equity of Guotai Technology 19
4.32 TMT's representative testwork confirms high-grade iron-vanadium product at Yarrabubba Project 19
4.33 CNNC to build a vanadium and titanium industry cluster in Panzhihua 19
4.34 Vox Royalty strikes deal to acquire royalty on Brits Vanadium Project 19
4.35 Indian Gurushree to produce ferrovanadium 19
4.36 Vietnam Youngsun completes the upgrade of ammonium metavanadate production line 19
4.37 AVL signs strategic off take MOU with U.S. Vanadium LLC 20
4.38 Australian Vanadium signs MOU with Singapore battery maker 20
4.39 Largo Resources launches Largo Clean Energy 20
4.40 Panjin Hexiang starts heating up the second vanadium nitride production line 20
5. Producers Statistics 20
5.1 Vanadium pentoxide flake 20
5.1.1 The production capacity of vanadium pentoxide flake in 2020 20
5.1.2 The operating rate statistics of vanadium pentoxide flake in 2020 20
5.1.3 The output statistics of vanadium pentoxide flake in 2020 21
5.1.4 The inventory statistics of vanadium pentoxide flake in 2020 21
5.2 Vanadium nitride 21
5.2.1 The production capacity vanadium nitride in 2020 21
5.2.2 The operating rate statistics of vanadium nitride in 2020 22
5.2.3 The output statistics of vanadium nitride in 2020 22
5.2.4 The inventory statistics of vanadium nitride in 2020 22
5.3 Ferrovanadium 23
5.3.1 The production capacity of ferrovanadium in 2020 23
5.3.2 The operating rate statistics of ferrovanadium in 2020 23
5.3.3 The output statistics of ferrovanadium in 2020 24
5.3.4 The inventory statistics of ferrovanadium in 2020 24
5.4 Ammonium metavanadate 24
5.4.1 The production capacity of ammonium metavanadate in 2020 24
5.4.2 The operating rate statistics of ammonium metavanadate in 2020 25
5.4.3 The output statistics of ammonium metavanadate in 2020 25
5.4.4 The inventory statistics of ammonium metavanadate in 2020 25
5.5 Vanadium pentoxide powder 26
5.5.1 The production capacity of vanadium pentoxide powder in 2020 26
5.5.2 The operating rate statistics of vanadium pentoxide powder in 2020 26
5.5.3 The output statistics of vanadium pentoxide powder in 2020 26
5.5.4 The inventory statistics of vanadium pentoxide powder in 2020 27
6. Customs Statistics 27
6.1 Chinese export volume of vanadium pentoxide down by 1.7% in 2020 27
6.2 Chinese import volume of vanadium pentoxide up by 537.1% in 2020 28
6.3 Chinese import volume of ferrovanadium (V≥75%) increased by 227.54% in 2020 28
6.4 Chinese import volume of ferrovanadium (V＜75%) increased by 227.54% in 2020 29
7. Relevant Industry News 29
7.1 Prices trend for downstream products of vanadium 29
8. Supply and Demand Outlook 30
8.1 The supply expectation 30
8.1.1 Vanadium pentoxide flake production 30
8.1.2 Vanadium pentoxide flake export 30
8.1.3 Vanadium pentoxide flake import 30
8.1.4 Ferrovanadium production 31
8.1.5 Ferrovanadium export 31
8.1.6 Ferrovanadium import 31
8.1.7 Vanadium nitride production 31
8.1.8 Ammonium metavanadate 31
8.1.9 Vanadium pentoxide powder 31
8.2 The demand expectation 31
8.2.1 Metallurgical demand expectation 31
8.2.2 Chemical demand expectation 31
1. Definition, Type, Distribution, Applications 5
1.1 Definition 5
1.2 Type 5
1.2.1 Ammonium metavanadate 5
1.2.2 Vanadium pentoxide flake 5
1.2.3 Vanadium pentoxide powder 5
1.2.4 Ferrovanadium 5
1.2.5 Vanadium nitride 5
1.3 Distribution 5
1.3.1 Ammonium metavadate 5
1.3.2 Vanadium pentoxide flake 6
1.3.3 Vanadium pentoxide powder 6
1.3.4 Ferrovanadium 6
1.3.5 Vanadium nitride 6
1.4 Applications 6
2. Economy and Policy 7
2.1 China accelerated the pace of financial liberalization to mitigate the impact of the epidemic on global supply chains 7
2.1 The outbreak of COVI-19 strikes global financial market 7
2.3 The central bank provides additional loans to protect the national economy from the impact of COVID-19 7
2.4 IMF managing director: the world economy has fallen into recession 7
2.5 Ministry of commerce: To expand imports and make every effort to stabilize foreign trade 7
2.6 There is no growth target for China's GDP in 2020 7
2.7 COVID-19 would shrink US GDP by nearly USD8 trillion over the next decade 7
2.8 China's foreign trade exports grow against the trend 7
2.9 Positive PMI data are optimistic about China's economic recovery 7
2.10 The profits of State-Owned enterprises in June start to show positive 7
2.11 Central Bank Governor: China's economy to achieve positive growth for the whole year 7
2.12 JP. Morgan: China's GDP may return to its normal level before the COVID-19 in the fourth quarter 7
2.13 IMF: Global GDP would fall by 4.4% in 2020 7
2.14 China becomes the only country with positive economic growth due to its effective prevention of COVID-19 7
2.15 Foreign Media: Chinese economic growth drives Asian economic recovery 8
2.16 The situation of the second round of COVID-19 keeps grim, and Europe once again collectively seals off countries 8
2.17 China would actively join the FREE Trade Area of the Asia-Pacific (FTAAP) 8
2.18 ADB: Growth of developing economies in Asia would rebound to 6.8% by 2021 8
2.19 RMB loans increases by USD3029.3 billion in 2020 8
2.20 China's GDP breaks up RMB100 trillion for the first time in 2020 8
2.21 The World Bank: China's economic recovery will be stronger in 2021 8
2.22 China's foreign trade grows by 1.9% in 2020 8
3. Market Movements 8
3.1 Domestic Market 8
3.1.1 Ammonium Metavanadate 98%min EXW China 8
3.1.2 Vanadium pentoxide flake 98%min EXW China 9
3.1.3 Ferrovanadium 50%min delivered China 10
3.1.4 Vanadium nitride N14%min V77%min delivered China 11
3.2 International Market 12
3.2.1 Ferrovanadium 80%min in warehouse Rotterdam 12
3.2.2 Vanadium pentoxide flake 98%min in warehouse Rotterdam 13
3.2.3 Ferrovanadium 80%min in warehouse Pittsburgh 14
3.2.4 Ferrovanadium 50%min in warehouse Russia 15
4. Company News 16
4.1 Vanadium One Iron announces metallurgical test work results at Mont Sorcier Iron Ore and Vanadium Project 16
4.2 aya Power cooperates with IIT Delhi to develop VRFB 16
4.3 Strategic Resources acquires Mustavaara vanadium-iron-titanium mine in Finland 16
4.4 Tianma Xinglong's vanadium-titanium magnetite project in South Africa starts construction 16
4.5 Western Uranium & Vanadium provides mining update on Sunday Mine Complex Project 16
4.6 First digital production line of vanadium nitride built in China 16
4.8 Largo Resources announces expiration of vanadium off-take agreement with Glencore 17
4.9 Heilongjiang Jianlong puts into production for the second vanadium nitride production line 17
4.10 EVRAZ launches global vanadium R&D initiative 17
4.11 First Vanadium announces positive PEA for Vanadium Project in Nevada 17
4.12 West Mining Vanadium Technology to join China's ammonium metavanadate industry 17
4.13 Quanzhou Fengpeng to produce ammonium metavanadate 17
4.14 Technology Metals Australia raises $2.049M to advance Gabanintha Vanadium Project 17
4.15 US launches Section 232 probe into vanadium imports 17
4.16 Chongyang Jiufu Technology puts into use for the second vanadium nitride production line 17
4.17 Regency Mines to restart exploration at Dempster Vanadium Project in August 17
4.18 Huludao New Hengtai delays the production plan of ammonium metavanadate 18
4.19 Chongyang Xinrui Vanadium stops the supply of ferrovanadium completely 18
4.20 Vanadium Corp announces private placement to advance Lac Dore Vanadium Project 18
4.21 Evraz maintains prices of vanadium pentoxide flake to China stability 18
4.22 Vietnam Youngsun reduces output of ammonium metavanadate 18
4.23 Thor Mining completes acquisition of American Vanadium 18
4.24 South Africa TAM to supply vanadium titano-magnetite to China 18
4.25 Nortec Minerals announces exploration program on Cottonwood Uranium-Vanadium Project 18
4.26 Nevada Vanadium completes acquisition of Bisoni Vanadium Project 18
4.27 Zhongfan Changsheng puts into use the second vanadium nitride production line 19
4.28 Horizon Minerals reports positive PFS results for Richmond-Julia Creek Vanadium Project 19
4.29 TNG sets up vanadium redox flow battery business 19
4.30 Neometals' mini-pilot program at WA Vanadium Recovery Project yields strong vanadium results 19
4.31 Pangang Vanadium & Titanium's subsidiary plans to buy 51% equity of Guotai Technology 19
4.32 TMT's representative testwork confirms high-grade iron-vanadium product at Yarrabubba Project 19
4.33 CNNC to build a vanadium and titanium industry cluster in Panzhihua 19
4.34 Vox Royalty strikes deal to acquire royalty on Brits Vanadium Project 19
4.35 Indian Gurushree to produce ferrovanadium 19
4.36 Vietnam Youngsun completes the upgrade of ammonium metavanadate production line 19
4.37 AVL signs strategic off take MOU with U.S. Vanadium LLC 20
4.38 Australian Vanadium signs MOU with Singapore battery maker 20
4.39 Largo Resources launches Largo Clean Energy 20
4.40 Panjin Hexiang starts heating up the second vanadium nitride production line 20
5. Producers Statistics 20
5.1 Vanadium pentoxide flake 20
5.1.1 The production capacity of vanadium pentoxide flake in 2020 20
5.1.2 The operating rate statistics of vanadium pentoxide flake in 2020 20
5.1.3 The output statistics of vanadium pentoxide flake in 2020 21
5.1.4 The inventory statistics of vanadium pentoxide flake in 2020 21
5.2 Vanadium nitride 21
5.2.1 The production capacity vanadium nitride in 2020 21
5.2.2 The operating rate statistics of vanadium nitride in 2020 22
5.2.3 The output statistics of vanadium nitride in 2020 22
5.2.4 The inventory statistics of vanadium nitride in 2020 22
5.3 Ferrovanadium 23
5.3.1 The production capacity of ferrovanadium in 2020 23
5.3.2 The operating rate statistics of ferrovanadium in 2020 23
5.3.3 The output statistics of ferrovanadium in 2020 24
5.3.4 The inventory statistics of ferrovanadium in 2020 24
5.4 Ammonium metavanadate 24
5.4.1 The production capacity of ammonium metavanadate in 2020 24
5.4.2 The operating rate statistics of ammonium metavanadate in 2020 25
5.4.3 The output statistics of ammonium metavanadate in 2020 25
5.4.4 The inventory statistics of ammonium metavanadate in 2020 25
5.5 Vanadium pentoxide powder 26
5.5.1 The production capacity of vanadium pentoxide powder in 2020 26
5.5.2 The operating rate statistics of vanadium pentoxide powder in 2020 26
5.5.3 The output statistics of vanadium pentoxide powder in 2020 26
5.5.4 The inventory statistics of vanadium pentoxide powder in 2020 27
6. Customs Statistics 27
6.1 Chinese export volume of vanadium pentoxide down by 1.7% in 2020 27
6.2 Chinese import volume of vanadium pentoxide up by 537.1% in 2020 28
6.3 Chinese import volume of ferrovanadium (V≥75%) increased by 227.54% in 2020 28
6.4 Chinese import volume of ferrovanadium (V＜75%) increased by 227.54% in 2020 29
7. Relevant Industry News 29
7.1 Prices trend for downstream products of vanadium 29
8. Supply and Demand Outlook 30
8.1 The supply expectation 30
8.1.1 Vanadium pentoxide flake production 30
8.1.2 Vanadium pentoxide flake export 30
8.1.3 Vanadium pentoxide flake import 30
8.1.4 Ferrovanadium production 31
8.1.5 Ferrovanadium export 31
8.1.6 Ferrovanadium import 31
8.1.7 Vanadium nitride production 31
8.1.8 Ammonium metavanadate 31
8.1.9 Vanadium pentoxide powder 31
8.2 The demand expectation 31
8.2.1 Metallurgical demand expectation 31
8.2.2 Chemical demand expectation 31
