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https://investingnews.com/daily/res...adium-investing/vanadium-producing-countries/

4 Top Vanadium-producing Countries

China was the top vanadium producer in 2016 by a long shot, followed by Russia, South Africa and Brazil.


1. China

Mine production: 42,000 MT
China was the world’s top vanadium producer in 2016 with output of 42,000 MT. That is the same amount it put out the previous year.
The Asian nation far outpaces all other countries in terms of vanadium production, and is also a large consumer of the metal. As mentioned above, the metal is largely used in the production of steel, although Chinese steel output has declined in recent years. That said, interest surrounding vanadium redox batteries is picking up, and that could signal a major shift in the market.
2. Russia

Mine production: 16,000 MT
Second on the list is Russia, whose vanadium production totaled 16,000 MT in 2016, on par with 2015 output. EVRAZ (LSE:EVR) is key to vanadium production in Russia, as well as worldwide. Little other information is available about vanadium production in Russia.


3. South Africa
Mine production: 12,000 MT
Vanadium production in South Africa has been on a downward trend in recent years. In 2016, the country put out 12,000 MT of the metal, down from 14,000 MT in 2015. The country’s Evraz Highveld vanadium and iron mine shut down in 2015, and that has significantly impacted its level of production.
The Bushveld vanadium project in South Africa is responsible for roughly 26 percent of the world’s vanadium supply alone.
4. Brazil

Mine production: 6,000 MT
Last is Brazil, whose vanadium production ramped up to 6,000 MT in 2016 from 5,800 MT in 2015.
Brazil’s production increase is largely thanks to Largo Resources (TSX:LGO), which describes itself as the only pure-play vanadium producer. The company’s Maracas mine is the highest-grade vanadium mine in the world, and achieved record production twice in 2016: first in June, at 801 tonnes produced, and then in December, with 823 tonnes.