****************** It talks about uranium also being found in spots with vanadium. How often is this the case and if it's massive in vanadium how much uranium would you *expect* to find?
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As Xstrata, one of the world’s largest vanadium producers, points out, this means that the short-term outlook for vanadium demand might look healthy, but it is “unlikely to be sustainable over the longer term”. Another development that may speed the decline of the vanadium price is the boom in uranium. Vanadium is often found within uranium deposits. As more uranium mines are brought on stream, more vanadium may begin to turn up. Such operations may be a better way to play the vanadium market, as combined uranium/vanadium producers will be more stable than primary vanadium miners. Uranium Power Corporation (V.UPC) recently optioned the Sahara uranium mine in Utah, which contains equal amounts of uranium and vanadium. Utah-based Energy Metals (V.EMC) holds the Velvet uranium property, which also reportedly holds significant vanadium.
