Dryblower watches the vanadium boom (and waits for the bust)

IF you believe the latest commodity-price tips the red-hot metal for 2018 is vanadium, but if you’ve been around as long as Dryblower you know that it’s also time to be wary of the steel-hardening material which is a notorious hot-house flower that wilts quickly after blooming.

Dryblower watches the vanadium boom (and waits for the bust) Dryblower watches the vanadium boom (and waits for the bust) Dryblower watches the vanadium boom (and waits for the bust) Dryblower watches the vanadium boom (and waits for the bust) Dryblower watches the vanadium boom (and waits for the bust)

Newcomers to the curious world of vanadium might not believe that comment because the evidence pointing to a vanadium boom is persuasive with the price close to a 10-year high, and with forecasts of another 50% rise over the next two years.

Multiple factors are driving vanadium which is used in a variety of specialty steels, including high-speed tools, and has recently emerged as a competitor for lithium in electricity storage via the vanadium redox battery.

In theory, vanadium could one day be recognised as a member of the battery metals group, while maintaining its traditional market in steel, a price-driver combination which might become super-charged if there is not a substantial increase in supply.