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Australia has 17 ASX listed companies with JORC resources of Vanadium


List of the 17 ASX companies with vanadium JORC resources with links to summaries
ASX Top 12 by Vanadium resource (Chart)
List of ASX companies with some interest in vanadium
Vanadium News with an Australian Focus


Australian Vanadium Overview

  • The  U.S. Geological Survey, Mineral Commodity Summaries, January 2010 (pdf) estimates the world's vandium resources to exceed 63 million tons.
  • Geoscience Australia data indicates that Australia has the world's fourth largest vanadium resource.
  • As of Jan 2011 Australian ASX listed companies have ~ 11.4 million tons of vanadium metal equal to 42.25 million tons of V2O5 according to figures collated by Australian
  • China's People Daily has recently published that China has around 36 million tons of vanadium and that vanadium mining is to undergo unified planning and scale development under the same rules as the REEs.
  • Global production of contained V metal is approximately 60,000 tonnes, which is the equivalent of 214,200 tonnes of V2O5, or 61,000 tonnes of FeV containing 80% V.

Vanadium (V) is used in metal alloys with iron to produce high strength steel which has a wide range of uses, including structural applications such as gas and oil pipelines, tool steel, the manufacture of axles and crankshafts for the motor vehicle industry and in jet engines for the aircraft industry as well as for reinforcing bars in building and construction.

Non-steel uses include welding and in alloys used in nuclear engineering and superconductors. Vanadium chemicals and catalysts are used in the manufacture of sulphuric acid, the desulphurisation of sour gas and oil and in the development of fuel cells and low charge time, light weight batteries.  

Primary production of vanadium from mining and processing of magnetite ores accounts for only 29% of annual world production of vanadium.  The majority of world production of vanadium (56%) is recovered from slag produced as a by-product of steel making, while the remaining world production (15%) is recovered from wastes including fly ash and oil residues. Vanadium is sold as vanadium pentoxide (V2O5), or less commonly as vanadium trioxide (V2O3) and as an alloy of iron and vanadium, most commonly as FeV80 which has 80% contained vanadium, or as FeV50. 

World's Top 4 Producers

1. China
Mine production: 42,000 MT
China was the world’s top producer of vanadium in 2015, putting out 42,000 MT of the metal.

2. South Africa
Mine production: 19,000 MT
South Africa produced 19,000 MT of vanadium in 2015, down 2,000 MT from the amount it put out the previous year.

3. Russia
Mine production: 15,000 MT
Russia produced 15,000 MT of vanadium in 2015, just off from the 15,100 MT it put out in 2014.

4. Brazil
Mine production: 2,800 MT
Brazil produced 2,800 MT of vanadium in 2015, up from 1,030 MT in 2014.

Vanadium has recently described as being central to the "Holy Grail of Renewable Energy" -Grid Scale Power Storage

That the ability to provide grid scale energy storage will revolutionise green energy is obvious as it will allow the energy derived from sun and wind to be stored and used on demand over extended periods and it is here that vanadium's remarkable properties will be put to use. According to Marc Davis, "Governments the world over are directing billions of dollars of grants into vanadium’s fast-emerging role in the electrification of society’s energy supplies. And major corporations are likewise investing in this ‘next big thing’ in the hopes of addressing global warming and society’s dependence on dwindling fossil fuel reserves. 

By way of explanation, a new generation of advanced green batteries is set to do everything from beefing up electric cars to providing uninterrupted solar and wind power to whole cities. That’s because of a crucial new battery ingredient, vanadium, which can cost-effectively supercharge batteries of any size, even ones so big they have to be housed in substations for large-scale power grid usage.

Most significantly, vanadium-enhanced batteries can store prolific amounts of energy, which solves the major drawback of alternative energy. For instance, solar power currently cannot be harnessed for use when the sun doesn't shine, and at night-time. Likewise, the electricity generated by wind turbines presently goes to waste when the wind stops blowing or when the wind speed is too high or too low.

The only limitation to this breakthrough battery technology is the scarcity of the planet’s economically viable vanadium deposits and this is where Australian companies can make a major difference.  

"So the world’s few primary vanadium producers will be pressed to their very limits in trying to satisfy a looming year-on-year exponential surge in demand for this increasingly invaluable 21st century metal." Read full article

Vanadium the supercharger: A very useful review article -Pdf file

China installs 1MWh Vanadium Redox Battery, or VRB, energy storage system

A VRB consists of two giant tanks of different solutions of vanadium dissolved in sulphuric acid, separated by a membrane

  • The battery produces an electrical current as the fluids are pumped past electrodes on either side of the battery
  • In one tank, the vanadium releases electrons, turning from yellow to blue
  • In the other tank, the vanadium receives electrons, turning from green to violet
  • The electrons pass around a circuit, generating a current, while at the same time a matching number of protons (hydrogen ions) pass across the membrane between the two solutions

List of the 17 ASX companies with vanadium JORC resources with links to summaries
ASX Top 12 by Vanadium resource (Chart)
List of ASX companies with some interest in vanadium
Vanadium News with an Australian Focus


Please note that this is a rapidly changing field and that the data contained will inevitably be out of date some of the time; meaning that you should not rely on it to make investment decisions and consequently you must do your own research. 

The data on these pages is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Social Media) will not be held liable for any loss arising from the use of this website. Persons associated with Intaanetto the publishers of these pages hold one or more of the companies listed above.