Vanadium Industry Annual Report 2021
2022-03-15 08:19:05 【Print】
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Vanadium Industry Annual Report 2021
Contents
1. Definition, Type, Distribution, Applications 4
1.1 Definition 4
1.2 Type 4
1.2.1 Types of Minerals 4
1.2.2 Types of Products 4
1.3 Distribution 4
1.3.1 Distribution of Minerals 4
1.3.2 Distribution of Products 4
1.4 Applications 5
1.4.1 Application of Major Vanadium Minerals by Capacity 5
1.4.2 Application of Vanadium Products by Capacity 5
2. Economy and Policy 5
2.1 World Bank: Prospects for East Asia and Pacific economic recovery in 2021 are mixed 5
2.2 Container prices rise crazily and global shipping industry comes into ice and fire 5
2.3 Two departments: closely monitor the trend of commodity prices 6
2.4 KPMG survey: The majority of global ceos are confident about the economic Outlo 6
2.5 China formally applied to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) 6
2.6 MSK Group: The shortage of shipping containers would be serious until 2022 6
2.7 Global ports are facing the biggest crisis in 65 years 6
2.8 Beijing, Tianjin and Hebei would implement off-peak production of steel industry in North China as heating season begins 6
2.9 Ministry of Commerce: Strengthen policy support for the development of offshore international trade 6
2.10 IMF: The global recovery is on the verge of being cautious on inflation 6
2.11SIFE Advanced Research Institute: China's GDP growth rate in 2022 would stay at 5.5% 6
2.12 World Bank: China GDP growth would stay at around 8% in 2021 but would reduce to about 5.1% in 2022 6
3. Market Movements 6
3.1 Domestic Market 6
3.1.1 Ammonium Metavanadate 98%min EXW China 6
3.1.2 Vanadium pentoxide powder 98%min EXW China 7
3.1.3 Vanadium pentoxide powder 99%min EXW China 8
3.1.4 Vanadium pentoxide powder 99.5%min EXW China 9
3.1.5 Vanadium pentoxide flake 98%min EXW China 10
3.1.6 Ferrovanadium 50%min delivered China 11
3.1.7 Vanadium nitride N14%min V77%min delivered China 12
3.2 Import Market 13
3.2.1 Ferrovanadium 50%min CIF China 13
3.2.2 Ferrovanadium 50%min in port China 14
3.2.3 Vanadium pentoxide flake 92%min CIF China 15
3.2.4 Vanadium pentoxide flake 92%min in port China 15
3.2.5 Vanadium pentoxide flake 98%min CIF China 16
3.2.6 Vanadium pentoxide flake 98%min in port China 17
3.3 International Market 18
3.3.1 Ferrovanadium 80%min in warehouse Rotterdam 18
3.3.2 Vanadium pentoxide flake 98%min in warehouse Rotterdam 19
3.3.3 Ferrovanadium 80%min in warehouse Pittsburgh 20
3.3.4 Ferrovanadium 50%min in warehouse Russia 21
4. Company News 22
4.1 Vanadium Corp Resources increases private placement to C$1M 22
4.2 Vanadium Corp signs trilateral partnership MOU to develop next generation flow battery technology 22
4.3 Australian Vanadium awards VRFB design work to CADDS Group 22
4.4 HBIS Group supplies high-end vanadium-bearing steel to Volvo Group 22
4.5 VRB Energy and Hanloon Energy co-develop vanadium redox flow battery energy storage power station 22
4.7 Jangada Mines: Mineralization footprint extended at Pitombeiras Vanadium Project 22
4.8 Vanadium One Iron to deliver new MRE for Mont Sorcier Project by end of March 22
4.9 Technology Metals Australia confirms production of high-grade iron-vanadium from Yarrabubba 22
4.10 Protean Energy begins exploration at South Korean vanadium project 22
4.11 Golden Deeps commences mining study on Abenab Vanadium Mine 23
4.12 West Mining Vanadium Technology commences its vanadium beneficiation phase II project 23
4.13 China's first Internet platform of vanadium and titanium industry chain service system released 23
4.14 Anning Iron and Titanium to establish a vanadium & titanium new material company 23
4.15 Silver Elephant Mining to conduct PEA on Gibellini Vanadium Project 23
4.16 Vanadium One anunces closing of $2.0 million n-brered private placement financing 23
4.17 Pangang Group Xichang Steel & Vanadium steel mill records historic high continuous casting capacity 23
4.18 Neometals anunces pilot trial on Vanadium Recovery Project 23
4.19 Australian Vanadium confirms 89% vanadium recovery in pilot testing 23
4.20 Vanadium One Iron starts drill program to upgrade resources at Mont Socier Project 24
4.21 Eclipse defines shallow Uranium-Vanadium-Strontium mineralisation in Ngalia Basin Project 24
4.22 Xichang Steel and Vanadium and Chongqing Kuayue sign 50,000-ton automotive steel contract 24
4.23 Bryah reports base metal resource at Vanadium Australia 24
4.24 Vanadium One completes $3.9 million funding for Mont Sorcier Iron Ore-Vanadium Project 24
4.25 HBIS Group Chengsteel supplies 5,000 tons of vanadium-bearing steel to Beijing-Dezhou Expressway Project 24
4.26 Pangang Group Great Wall Special Steel raises quotations for products containing molybdenum and vanadium 24
4.27 TNG to develop vanadium redox flow batteries with AGV Energy 24
4.28 Techlogy Metals Australia provides update on Yarrabubba Iron-Vanadium and Gabanintha Vanadium projects 24
4.29 Largo Clean Energy prepares to produce vanadium battery 24
4.30 Neometals updates vanadium recovery plans 25
4.31 Vanadium One Iron announces private placement for Mont Sorcier project 25
4.32 VanadiumCorp commences joint testing program with Strategic Resources 25
4.33 Silver Elephant Mining to conduct PEA on Gibellini Vanadium Project 25
4.34 Pangang Group Xichang Steel & Vanadium steel mill records historic high continuous casting capacity 25
4.35 Australian government issues grants to support vanadium and lithium battery materials processing 25
4.36 Pangang Group Vanadium & Titanium plans to acquire 100% equity of Xichang Vanadium Products 25
4.37 Australian Neometals completes vanadium recovery pilot plant 25
4.38 Evraz to build $228m vanadium plant 25
4.39 Horizon Minerals advances Richmond-Julia Creek JV vanadium project to DFS stage 25
4.40 Australian Vanadium hopes to produce about 5% of global supply of vanadium pentoxide 25
4.41 Great Atlantic begins 2021 exploration program at Glenelg Vanadium-Gold Property 26
4.42 AMG building lithium-vanadium battery for industrial power management 26
4.43 Dazhou Iron and Steel successfully uses vanadium niobium microalloying process to produce rebar HRB400E 26
4.44 Golden Deeps to start Nosib high-grade Cu-Ag-V drilling 26
4.45 US Vanadium Announces $2.1 M Production Capacity Expansion 26
4.46 Pangang Group Vanadium & Titanium to acquire 100% equity of Xichang Vanadium Products with 4.611 billion yuan 26
4.47 Pangang Vanadium and Titanium to construct vanadium slag processing production line with Desheng Group 26
4.48 Ferro-Alloy Resources gets Kazahstan patent for vanadium technology 26
4.49 Pangang Group Vanadium & Titanium signs strategic cooperation agreement with Dalian Bolong New Materials 26
4.50 Critical Metals signs MOU for potential 10-year vanadium containing slag supply agreement 27
4.51 Jintang Steel Pipe Branch of Chengdu Vanadium Steel rolls high-strength stainless corrosion resistant seamless pipe 27
4.52 HBIS Group Chengsteel's vanadium products sales hit new high in Sep 27
4.53 Pangang Group Vanadium's average daily output of slab hits new high in Oct 27
4.54 HBIS Group Chengsteel supplies vanadium-bearing construction materials to Minmetals Steel 27
4.55 Dazhou Steel stops vanadium slag production 27
5. Producers Statistics 27
5.1 Vanadium pentoxide flake 27
5.1.1 The producers number of vanadium pentoxide flake in 2021 27
5.1.2 The production capacity of vanadium pentoxide flake in 2021 27
5.1.3 The operating rate statistics of vanadium pentoxide flake in 2021 28
5.1.4 The output statistics of vanadium pentoxide flake in 2021 28
5.1.5 The inventory statistics of vanadium pentoxide flake in 2021 29
5.2 Vanadium nitride 29
5.2.1 The producers number of vanadium nitride in 2021 29
5.2.2 The production capacity vanadium nitride in 2021 29
5.2.3 The operating rate statistics of vanadium nitride in 2021 30
5.2.4 The output statistics of vanadium nitride in 2021 30
5.2.5 The inventory statistics of vanadium nitride in 2021 30
5.3 Ferrovanadium 31
5.3.1 The producers number of ferrovanadium in 2021 31
5.3.2 The production capacity of ferrovanadium in 2021 31
5.3.3 The operating rate statistics of ferrovanadium in 2021 31
5.3.4 The output statistics of ferrovanadium in 2021 32
5.3.5 The inventory statistics of ferrovanadium in 2021 32
5.4 ammonium metavanadate 32
5.4.1 The producers number of ammonium metavanadate in 2021 33
5.4.2 The production capacity of ammonium metavanadate in 2021 33
5.4.3 The operating rate statistics of ammonium metavanadate in 2021 33
5.4.4 The output statistics of ammonium metavanadate in 2021 34
5.4.5 The inventory statistics of ammonium metavanadate in 2021 34
5.5 Vanadium pentoxide powder 34
5.5.1 The producers number of vanadium pentoxide powder in 2021 34
5.5.2 The production capacity of vanadium pentoxide powder in 2021 35
5.5.3 The operating rate statistics of vanadium pentoxide powder in 2021 35
5.5.4 The output statistics of vanadium pentoxide powder in 2021 35
5.5.5 The inventory statistics of vanadium pentoxide powder in 2021 36
6. Customs Statistics 36
6.1 Chinese export volume of vanadium pentoxide down by 23.0% in 2021 36
6.2 Chinese import volume of vanadium pentoxide down by 72.1% in 2021 37
6.3 Chinese import volume of ferrovanadium (V≥75%) down by 32.4% in 2021 37
6.4 Chinese export volume of ferrovanadium (V≥75%) up by 8% in 2021 37
6.5 Chinese import volume of ferrovanadium (V＜75%) down by 35.6% in 2021 37
6.6 Chinese export volume of vanadium nitride increased by 80.9% in 2021 38
7. Relevant Industry News 38
7.1 Prices trend for downstream products of vanadium 38
8. Supply and Demand Outlo 39
8.1 The supply expectation 39
8.1.1 Vanadium pentoxide flake production 39
8.1.2 Vanadium pentoxide flake export 39
8.1.3 Vanadium pentoxide flake import 39
8.1.4 Ferrovanadium production 39
8.1.5 Ferrovanadium export 40
8.1.6 Ferrovanadium import 40
8.1.7 Vanadium nitride production 40
8.1.8 Ammonium metavanadate 40
8.1.9 Vanadium pentoxide powder 40
8.2 The demand expectation 40
8.2.1 Metallurgical demand expectation 40
8.2.2 Chemical demand expectation 40
Contents
1. Definition, Type, Distribution, Applications 4
1.1 Definition 4
1.2 Type 4
1.2.1 Types of Minerals 4
1.2.2 Types of Products 4
1.3 Distribution 4
1.3.1 Distribution of Minerals 4
1.3.2 Distribution of Products 4
1.4 Applications 5
1.4.1 Application of Major Vanadium Minerals by Capacity 5
1.4.2 Application of Vanadium Products by Capacity 5
2. Economy and Policy 5
2.1 World Bank: Prospects for East Asia and Pacific economic recovery in 2021 are mixed 5
2.2 Container prices rise crazily and global shipping industry comes into ice and fire 5
2.3 Two departments: closely monitor the trend of commodity prices 6
2.4 KPMG survey: The majority of global ceos are confident about the economic Outlo 6
2.5 China formally applied to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) 6
2.6 MSK Group: The shortage of shipping containers would be serious until 2022 6
2.7 Global ports are facing the biggest crisis in 65 years 6
2.8 Beijing, Tianjin and Hebei would implement off-peak production of steel industry in North China as heating season begins 6
2.9 Ministry of Commerce: Strengthen policy support for the development of offshore international trade 6
2.10 IMF: The global recovery is on the verge of being cautious on inflation 6
2.11SIFE Advanced Research Institute: China's GDP growth rate in 2022 would stay at 5.5% 6
2.12 World Bank: China GDP growth would stay at around 8% in 2021 but would reduce to about 5.1% in 2022 6
3. Market Movements 6
3.1 Domestic Market 6
3.1.1 Ammonium Metavanadate 98%min EXW China 6
3.1.2 Vanadium pentoxide powder 98%min EXW China 7
3.1.3 Vanadium pentoxide powder 99%min EXW China 8
3.1.4 Vanadium pentoxide powder 99.5%min EXW China 9
3.1.5 Vanadium pentoxide flake 98%min EXW China 10
3.1.6 Ferrovanadium 50%min delivered China 11
3.1.7 Vanadium nitride N14%min V77%min delivered China 12
3.2 Import Market 13
3.2.1 Ferrovanadium 50%min CIF China 13
3.2.2 Ferrovanadium 50%min in port China 14
3.2.3 Vanadium pentoxide flake 92%min CIF China 15
3.2.4 Vanadium pentoxide flake 92%min in port China 15
3.2.5 Vanadium pentoxide flake 98%min CIF China 16
3.2.6 Vanadium pentoxide flake 98%min in port China 17
3.3 International Market 18
3.3.1 Ferrovanadium 80%min in warehouse Rotterdam 18
3.3.2 Vanadium pentoxide flake 98%min in warehouse Rotterdam 19
3.3.3 Ferrovanadium 80%min in warehouse Pittsburgh 20
3.3.4 Ferrovanadium 50%min in warehouse Russia 21
4. Company News 22
4.1 Vanadium Corp Resources increases private placement to C$1M 22
4.2 Vanadium Corp signs trilateral partnership MOU to develop next generation flow battery technology 22
4.3 Australian Vanadium awards VRFB design work to CADDS Group 22
4.4 HBIS Group supplies high-end vanadium-bearing steel to Volvo Group 22
4.5 VRB Energy and Hanloon Energy co-develop vanadium redox flow battery energy storage power station 22
4.7 Jangada Mines: Mineralization footprint extended at Pitombeiras Vanadium Project 22
4.8 Vanadium One Iron to deliver new MRE for Mont Sorcier Project by end of March 22
4.9 Technology Metals Australia confirms production of high-grade iron-vanadium from Yarrabubba 22
4.10 Protean Energy begins exploration at South Korean vanadium project 22
4.11 Golden Deeps commences mining study on Abenab Vanadium Mine 23
4.12 West Mining Vanadium Technology commences its vanadium beneficiation phase II project 23
4.13 China's first Internet platform of vanadium and titanium industry chain service system released 23
4.14 Anning Iron and Titanium to establish a vanadium & titanium new material company 23
4.15 Silver Elephant Mining to conduct PEA on Gibellini Vanadium Project 23
4.16 Vanadium One anunces closing of $2.0 million n-brered private placement financing 23
4.17 Pangang Group Xichang Steel & Vanadium steel mill records historic high continuous casting capacity 23
4.18 Neometals anunces pilot trial on Vanadium Recovery Project 23
4.19 Australian Vanadium confirms 89% vanadium recovery in pilot testing 23
4.20 Vanadium One Iron starts drill program to upgrade resources at Mont Socier Project 24
4.21 Eclipse defines shallow Uranium-Vanadium-Strontium mineralisation in Ngalia Basin Project 24
4.22 Xichang Steel and Vanadium and Chongqing Kuayue sign 50,000-ton automotive steel contract 24
4.23 Bryah reports base metal resource at Vanadium Australia 24
4.24 Vanadium One completes $3.9 million funding for Mont Sorcier Iron Ore-Vanadium Project 24
4.25 HBIS Group Chengsteel supplies 5,000 tons of vanadium-bearing steel to Beijing-Dezhou Expressway Project 24
4.26 Pangang Group Great Wall Special Steel raises quotations for products containing molybdenum and vanadium 24
4.27 TNG to develop vanadium redox flow batteries with AGV Energy 24
4.28 Techlogy Metals Australia provides update on Yarrabubba Iron-Vanadium and Gabanintha Vanadium projects 24
4.29 Largo Clean Energy prepares to produce vanadium battery 24
4.30 Neometals updates vanadium recovery plans 25
4.31 Vanadium One Iron announces private placement for Mont Sorcier project 25
4.32 VanadiumCorp commences joint testing program with Strategic Resources 25
4.33 Silver Elephant Mining to conduct PEA on Gibellini Vanadium Project 25
4.34 Pangang Group Xichang Steel & Vanadium steel mill records historic high continuous casting capacity 25
4.35 Australian government issues grants to support vanadium and lithium battery materials processing 25
4.36 Pangang Group Vanadium & Titanium plans to acquire 100% equity of Xichang Vanadium Products 25
4.37 Australian Neometals completes vanadium recovery pilot plant 25
4.38 Evraz to build $228m vanadium plant 25
4.39 Horizon Minerals advances Richmond-Julia Creek JV vanadium project to DFS stage 25
4.40 Australian Vanadium hopes to produce about 5% of global supply of vanadium pentoxide 25
4.41 Great Atlantic begins 2021 exploration program at Glenelg Vanadium-Gold Property 26
4.42 AMG building lithium-vanadium battery for industrial power management 26
4.43 Dazhou Iron and Steel successfully uses vanadium niobium microalloying process to produce rebar HRB400E 26
4.44 Golden Deeps to start Nosib high-grade Cu-Ag-V drilling 26
4.45 US Vanadium Announces $2.1 M Production Capacity Expansion 26
4.46 Pangang Group Vanadium & Titanium to acquire 100% equity of Xichang Vanadium Products with 4.611 billion yuan 26
4.47 Pangang Vanadium and Titanium to construct vanadium slag processing production line with Desheng Group 26
4.48 Ferro-Alloy Resources gets Kazahstan patent for vanadium technology 26
4.49 Pangang Group Vanadium & Titanium signs strategic cooperation agreement with Dalian Bolong New Materials 26
4.50 Critical Metals signs MOU for potential 10-year vanadium containing slag supply agreement 27
4.51 Jintang Steel Pipe Branch of Chengdu Vanadium Steel rolls high-strength stainless corrosion resistant seamless pipe 27
4.52 HBIS Group Chengsteel's vanadium products sales hit new high in Sep 27
4.53 Pangang Group Vanadium's average daily output of slab hits new high in Oct 27
4.54 HBIS Group Chengsteel supplies vanadium-bearing construction materials to Minmetals Steel 27
4.55 Dazhou Steel stops vanadium slag production 27
5. Producers Statistics 27
5.1 Vanadium pentoxide flake 27
5.1.1 The producers number of vanadium pentoxide flake in 2021 27
5.1.2 The production capacity of vanadium pentoxide flake in 2021 27
5.1.3 The operating rate statistics of vanadium pentoxide flake in 2021 28
5.1.4 The output statistics of vanadium pentoxide flake in 2021 28
5.1.5 The inventory statistics of vanadium pentoxide flake in 2021 29
5.2 Vanadium nitride 29
5.2.1 The producers number of vanadium nitride in 2021 29
5.2.2 The production capacity vanadium nitride in 2021 29
5.2.3 The operating rate statistics of vanadium nitride in 2021 30
5.2.4 The output statistics of vanadium nitride in 2021 30
5.2.5 The inventory statistics of vanadium nitride in 2021 30
5.3 Ferrovanadium 31
5.3.1 The producers number of ferrovanadium in 2021 31
5.3.2 The production capacity of ferrovanadium in 2021 31
5.3.3 The operating rate statistics of ferrovanadium in 2021 31
5.3.4 The output statistics of ferrovanadium in 2021 32
5.3.5 The inventory statistics of ferrovanadium in 2021 32
5.4 ammonium metavanadate 32
5.4.1 The producers number of ammonium metavanadate in 2021 33
5.4.2 The production capacity of ammonium metavanadate in 2021 33
5.4.3 The operating rate statistics of ammonium metavanadate in 2021 33
5.4.4 The output statistics of ammonium metavanadate in 2021 34
5.4.5 The inventory statistics of ammonium metavanadate in 2021 34
5.5 Vanadium pentoxide powder 34
5.5.1 The producers number of vanadium pentoxide powder in 2021 34
5.5.2 The production capacity of vanadium pentoxide powder in 2021 35
5.5.3 The operating rate statistics of vanadium pentoxide powder in 2021 35
5.5.4 The output statistics of vanadium pentoxide powder in 2021 35
5.5.5 The inventory statistics of vanadium pentoxide powder in 2021 36
6. Customs Statistics 36
6.1 Chinese export volume of vanadium pentoxide down by 23.0% in 2021 36
6.2 Chinese import volume of vanadium pentoxide down by 72.1% in 2021 37
6.3 Chinese import volume of ferrovanadium (V≥75%) down by 32.4% in 2021 37
6.4 Chinese export volume of ferrovanadium (V≥75%) up by 8% in 2021 37
6.5 Chinese import volume of ferrovanadium (V＜75%) down by 35.6% in 2021 37
6.6 Chinese export volume of vanadium nitride increased by 80.9% in 2021 38
7. Relevant Industry News 38
7.1 Prices trend for downstream products of vanadium 38
8. Supply and Demand Outlo 39
8.1 The supply expectation 39
8.1.1 Vanadium pentoxide flake production 39
8.1.2 Vanadium pentoxide flake export 39
8.1.3 Vanadium pentoxide flake import 39
8.1.4 Ferrovanadium production 39
8.1.5 Ferrovanadium export 40
8.1.6 Ferrovanadium import 40
8.1.7 Vanadium nitride production 40
8.1.8 Ammonium metavanadate 40
8.1.9 Vanadium pentoxide powder 40
8.2 The demand expectation 40
8.2.1 Metallurgical demand expectation 40
8.2.2 Chemical demand expectation 40
