The Conversation (0)
Seeking Alpha reported on vanadium’s potential as a metal experiencing increasing global demand.
Seeking Alpha reported on vanadium’s potential as a metal experiencing increasing global demand.
As quoted in the market news:
Surging growth in the global steel industries will keep conventional demand for vanadium strong, but new upcoming applications for the metal, such as vanadium-redux batteries and lithium-ion batteries, is where the real potential for growth lies. Demand for vanadium is expected to more than double from current levels by the year 2025, according to TTP Squared Inc.