China Vanadium Supply Profile

Vanadium is a critical mineral with a diverse supply profile, produced in various forms including vanadium pentoxide, ferrovanadium, and vanadium nitride alloys. It plays a vital role across key industries such as steel, renewable energy storage, and aerospace. Despite its global applications, China commands a dominant position, supplying 60–65% of the world’s vanadium. In this insight, we take a closer look at China’s role in vanadium products supply, examining the supply landscape through the lens of product types, capacities and production, key producers, and other critical dynamics. Specifically, the analysis aims to answer key questions such as: 1. Where are vanadium production hubs located across different vanadium products? 2. How concentrated is the market, and which players control the bulk of production? 3. What are the production trends and capacity utilisation levels across vanadium products?