CNQ 1.79% 27.5¢ clean teq water limited

U.S. Department of the InteriorU.S. Geological...

  1. 1,521 Posts.
    lightbulb Created with Sketch. 108
    U.S. Department of the Interior
    U.S. Geological Survey
    Vanadium
    https://pubs.usgs.gov/pp/1802/u/pp1802u.pdf

    An Excerpt:

    Vanadium
    By Karen D. Kelley, Clinton T. Scott, Désirée E. Polyak, and Bryn E. Kimball
    Abstract
    Vanadium is used primarily in the production of steel
    alloys; as a catalyst for the chemical industry; in the making of
    ceramics, glasses, and pigments; and in vanadium redox-flow
    batteries (VRBs) for large-scale storage of electricity. World
    vanadium resources in 2012 were estimated to be 63 million
    metric tons, which include about 14 million metric tons of
    reserves. The majority of the vanadium produced in 2012
    was from China, Russia, and South Africa.

    Vanadium is extracted from several different types of
    mineral deposits and from fossil fuels. These deposits include
    vanadiferous titanomagnetite (VTM) deposits, sandstonehosted vanadium (with or without uranium) deposits (SSV
    deposits), and vanadium-rich black shales. VTM deposits are
    the principal source of vanadium and consist of magmatic
    accumulations of ilmenite and magnetite containing
    0.2 to 1 weight percent vanadium pentoxide (V2
    O5). SSV
    deposits are another important source; these deposits have
    average ore grades that range from 0.1 to greater than 1 weight
    percent V2
    O5
    . The United States has been and is currently the
    main producer of vanadium from SSV deposits, particularly
    those on the Colorado Plateau. Vanadium-rich black shales
    occur in marine successions that were deposited in epeiric
    (inland) seas and on continental margins. Concentrations in
    these shales regularly exceed 0.18 weight percent V2
    O5
    and
    can be as high as 1.7 weight percent V2
    O5
    . Small amounts
    of vanadium have been produced from the Alum Shale in
    Sweden and from ferrophosphorus slag generated during the
    reduction of phosphate to elemental phosphorus in ore from
    shales of the Phosphoria Formation in Idaho and Wyoming.
    Because vanadium enrichment occurs in beds that are typically only a few meters thick, most of the vanadiferous black
    shales are not currently economic, although they may become
    an important resource in the future. Significant amounts of
    vanadium are recovered as byproducts of petroleum refining,
    and processing of coal, tar sands, and oil shales may be
    important future sources.
    Vanadium occurs in one of four oxidation states in nature:
    +2, +3, +4, and +5. The V3+ ion has an octahedral radius that
    is almost identical to that of Fe3+ and Al3+ and, therefore, it
    substitutes in ferromagnesian minerals. During weathering,
    much of the vanadium may partition into newly formed clay
    minerals, and it either remains in the +3 valence state or
    oxidizes to the +4 valence state, both of which are relatively
    insoluble. If erosion is insignificant but chemical leaching is
    intense, the residual material may be enriched in vanadium,
    as are some bauxites and laterites. During the weathering
    of igneous, residual, or sedimentary rocks, some vanadium
    oxidizes to the +5 valence state, especially in the intensive
    oxidizing conditions that are characteristic of arid climates.
    The average contents of vanadium in the environment
    are as follows: soils (10 to 500 parts per million [ppm]);
    streams and rivers (0.2 to 2.9 parts per billion [ppb]); and
    coastal seawater (0.3 to 2.8 ppb). Concentrations of vanadium
    in soils (548 to 7,160 ppm) collected near vanadium mines in
    China, the Czech Republic, and South Africa are many times
    greater than natural concentrations in soils. Additionally, if
    deposits contain sulfide minerals such as chalcocite, pyrite,
    and sphalerite, high levels of acidity may be present if sulfide
    dissolution is not balanced by the presence of acid-neutralizing
    carbonate minerals. Some of the vanadium-bearing deposit
    types, particularly some SSV and black shale deposits, contain
    appreciable amounts of carbonate minerals, which lowers the
    acid-generation potential.
    Vanadium is a micronutrient with a postulated requirement for humans of less than 10 micrograms per day, which
    can be met through dietary intake. Primary and secondary
    drinking water regulations for vanadium are not currently in
    place in the United States. Vanadium toxicity is thought to
    result from an intake of more than 10 to 20 milligrams per
    day. Vanadium is essential for some biological processes
    and organisms. For example, some nitrogen-fixing bacteria
    require vanadium for producing enzymes necessary to convert
    nitrogen from the atmosphere into ammonia, which is a more
    biologically accessible form of nitrogen.
    U2 Critical Mineral Resources of the United States—Vanadium
    Introduction
    Vanadium (V) is a strategic metal that is used principally
    in the production of metal alloys, such as high-strength steel
    and alloys for use in the aerospace industry. Secondary uses
    are as catalysts for the chemical industry, and in ceramics,
    glasses, and pigments. In its native state, vanadium is a hard,
    silvery gray, ductile, and malleable transition metal. Vanadium
    consumption trends are heavily influenced by trends in
    steel production.
    The emerging need for large-scale electricity storage
    makes vanadium redox-flow batteries (VRBs) a major
    potential future use of vanadium. Because of their largescale storage capacity, development of VRBs could prompt
    increases in the use of wind, solar, and other renewable, intermittent power sources. Lithium-vanadium-phosphate batteries
    produce high voltages and high energy-to-weight ratios, which
    make them ideal for use in electric cars. Vanadium use in
    lithium batteries is expected to increase to 1,700 metric tons
    in 2017 from 200 metric tons in 2012 (Perles, 2013).
    Vanadium is the 22d most abundant element in Earth’s
    crust, and it is an essential constituent of many minerals. A
    total of 156 minerals contain vanadium as a major (>10 weight
    percent) constituent. Several diverse mineral deposit types
    contain vanadium-bearing minerals, and vanadium is a
    common component of petroleum and other fossil fuels.
    Vanadium deposits are globally distributed (fig. U1) and
    comprise four principal deposit types: vanadiferous titanomagnetite (VTM), sandstone-hosted vanadium (SSV),
    shale-hosted vanadium, and vanadate deposits (table U1).
    Additionally, significant amounts of vanadium are available
    for commercial use as a byproduct of petroleum refining, and
    processing of coal, tar sands, and oil shales may be important
    future sources.
    World vanadium resources in 2012 were
    estimated to be 63 million metric tons of vanadium. Reserves
    were estimated to be 14 million metric tons. The majority of
    vanadium production in 2012 was from China (37 percent),
    South Africa (35 percent), and Russia (25 percent) (fig. U2;
    Polyak, 2013).
    Uses and Applications
    The vanadium market closely follows that of the steel
    industry, which in turn follows economic trends. Metallurgical
    applications in steel continued to dominate United States
    vanadium usage in 2011 (fig. U3), accounting for 93 percent
    of reported consumption (Polyak, 2013). Vanadium is used
    in steel to impart strength, toughness, and wear resistance.
    The formation of vanadium-rich carbides and nitrides imparts
    the strength to steel; the addition of only a few kilograms of
    vanadium per ton of steel increases the strength of the steel by
    as much as 25 percent. Apart from its strengthening characteristic, vanadium also inhibits corrosion and oxidation.
    There are many sources of vanadium, and it is used in a
    number of common products (fig. U4). Commercial products
    developed through the processing of vanadium ores are mainly
    ferrovanadium (FeV), which is an iron-vanadium alloy, and
    vanadium pentoxide (V2
    O5 ). Most vanadium is added to steel
    as ferrovanadium. Ferrovanadium is available in compositions containing 45 to 50 percent vanadium and 80 percent
    vanadium. The 45- to 50-percent grade is produced from slag
    and other vanadium-bearing residues; the 80-percent grade is
    produced by the reduction of V2
    O5
    .
    The high-strength, low-alloy (HSLA) steels containing
    vanadium are widely used for the construction of auto parts,
    buildings, bridges, cranes, pipelines, rail cars, ships, and
    truck bodies, including armor plating for military vehicles
    (Polyak, 2012). Such HSLA steels are increasingly being
    used in the oil and gas industry to meet demand for pipelines
    with higher strength and higher low-temperature toughness
    (Roskill Information Services, Ltd., 2010, p. 150). Vanadium
    is used in tool steels in various combinations with chromium,
    niobium (columbium), manganese, molybdenum, titanium,
    and tungsten. Only a limited degree of substitution is possible
    among these metals, however. Replacement of vanadium with
    other mineral commodities requires significant technical adjustments to the steel production process to ensure that product
    specifications and quality are not compromised. For example,
    use of vanadium generally requires less energy consumption
    during production than does niobium to give equivalent steel
    properties. Therefore, substitution for vanadium is normally not
    considered for short-term changes in market conditions because
    of the considerable effort involved in implementing the change.
    Vanadium is irreplaceable for its role in aerospace
    applications because vanadium-titanium alloys have the
    best strength-to-weight ratio of any engineered material
    yet discovered. Vanadium, when combined with titanium,
    produces a stronger and more stable alloy, and when combined
    with aluminum produces a material suitable for jet engines
    and high-speed airframes. No acceptable substitutes exist for
    vanadium in aerospace titanium alloys.
    Nonmetallurgical applications of vanadium include
    catalysts, ceramics, electronics, and vanadium chemicals.
    For catalytic uses, platinum and nickel can replace vanadium
    compounds in some chemical processes. Vanadium dioxide
    is used in the production of glass coatings that block
    infrared radiation.
    Vanadium is becoming more widely used in green
    technology applications, especially in battery technology.
    One battery technology that continues to show promise in
    stabilizing energy distribution in renewable systems is the
    VRB, which consists of an assembly of power cells in which
    two vanadium-based electrolytes are separated by a proton
    exchange membrane. The main advantages of the VRBs are
    (a) their nearly unlimited capacity, which is made possible
    simply by using sequentially larger storage tanks; (b) their
    ability to be left completely discharged for long periods of time
    with no detrimental effects; (c) the ease of recharging them
    by replacing the electrolyte if no power source is available to
    charge it; and (d) their ability to withstand permanent damage
    if the electrolytes are accidentally mixed (Polyak, 2012).
    Introduction U3
 
watchlist Created with Sketch. Add CNQ (ASX) to my watchlist
(20min delay)
Last
27.5¢
Change
-0.005(1.79%)
Mkt cap ! $19.15M
Open High Low Value Volume
28.0¢ 29.0¢ 27.5¢ $34.89K 120.9K

Buyers (Bids)

No. Vol. Price($)
1 7000 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 8943 1
View Market Depth
Last trade - 15.48pm 12/06/2024 (20 minute delay) ?
Last
27.5¢
  Change
-0.005 ( 5.17 %)
Open High Low Volume
29.0¢ 29.0¢ 27.5¢ 5011
Last updated 15.22pm 12/06/2024 ?
CNQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.