vanadium market, page-5

I don't think any mine is 'simply' opened and when the demand for vanadium batteries truly takes off we'll be primed to take full advantage of this.

Yes the earth itself is vanadium rich although there are few companies that are actually extracting vanadium out of the ground and even less that are producing commercially viable grades.

Almost all of the world supply of V is used as a steal hardener so there's not a whole lot of room for emerging industries which is going to have a desirable effect on the price of V moving forward.