One of the trendiest metals on the tip of investors’ tongues right now is vanadium.
The metal is named after Vanadis, a Norse goddess. Vanadium is very ductile, malleable and corrosion-resistant.
It’s rare for vanadium to exist as a free element and it’s usually found in minerals such as vanadinite, carnotite and magnetite. Thus, metallurgy is the key question when you find a large amount of vanadium.
Vanadium has incredible properties which increase the strength of alloys containing it, such as rebar which is heavily used in construction. China has just raised their steel rebar limits (raised the bar—no pun intended). Vanadium is also used in everything from jet engines to dental implants.
This past weekend I was down at the Katusa/Cambridge House Gold and Silver Summit in San Francisco. The main theme was precious metals, but I couldn’t escape questions about vanadium.