| Title | Vanadium as a critical material: economic geology with emphasis on market and the main deposit types |
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| Author | Simandl, G J; Paradis, S |
| Source | Applied Earth Science (Trans. Inst. Min. Metall. B) 2022 p. 1-19, https://doi.org/10.1080/25726838.2022.2102883 |
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| Year | 2022 |
| Alt Series | Natural Resources Canada, Contribution Series 20220188 |
| Publisher | Taylor & Francis |
| Document | serial |
| Lang. | English |
| Media | paper; digital; on-line |
| File format | pdf |
| Subjects | Economics and Industry; economic geology; vanadium; magnetite; mineral deposits; uranium; shales |
| Illustrations | graphs; photographs; tables |
| Program | Targeted Geoscience Initiative (TGI-6) Ore systems |
| Released | 2022 08 02 |
| Abstract | Vanadium is currently considered a critical material in the European Union, the U.S.A., and other jurisdictions. The vanadium mine production for 2021 is estimated at more than 120 000 tonnes; however,
the market base is expected to grow rapidly due to the increase in the use of vanadium for redox flow batteries. Currently, world-wide, many projects are in the advanced stages of exploration and development. In the longer term, should vanadium cease
to be a critical material and the law of supply and demand applies, the marginal mines will be decommissioned, and the best deposits will remain economic. Depending on the prevailing regulations in specific jurisdictions, geological settings, and the
most up-todate metallurgical research results, the main vanadium deposit types that could be considered as potential exploration and development targets are the vanadiferous titanomagnetite deposits, sandstone-hosted uranium-vanadium deposits (Salt
Wash category), shale-hosted vanadium deposits, and base metal-related vanadate deposits. However, placer deposits, surficial uranium-vanadium type mineralisation, and the Minas Ragra type patrónite deposits should also be considered. |
| Summary | (Plain Language Summary, not published)
Vanadium a critical material. The main vanadium deposit types that could be considered as potential exploration and development targets are the
vanadiferous titanomagnetite deposits, sandstone-hosted uranium-vanadium deposits (Salt Wash category), shale-hosted vanadium deposits, and base metal-related vanadate deposits. Placer deposits, surficial uranium-vanadium type mineralization, and the
Minas Ragra type patrónite deposits should also be considered. |
| GEOSCAN ID | 330463 |
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