Live Benchmark Matrix
CRITICALMINERALSTRACKER
Alloy & energySymbol: V

Vanadium

Used in steel alloys and vanadium redox flow batteries.

Assessed Benchmark
$5.85
lbSource: Assessment
24HFlat
YTDDown 4.0%

Criticality Assessment & Strategic Uses

Vanadium is designated as a critical mineral due to its high economic importance across modern technical applications and potential supply-chain concentration risks.

Primary Industrial End-UsesPower electronics, specialized alloys, defense systems, infrastructure networks.
USGS StatusClassified under Energy Act Section 7002 quantitative risk framework.

Supply Chain & Processing Bottlenecks

Like many strategic commodities, the primary vulnerability for Vanadium lies in processing and chemical refining concentration rather than raw extraction alone.

IEA 2026 Supply Insight

Refining capacity diversification for Vanadium remains constrained by technical know-how requirements, long capital deployment cycles, and environmental permitting timelines.

Classification Matrix

Category Group
industrial
Subcategory
Alloy & energy
System Tag Alignment
steelenergy-storage

Explore Related Frameworks

Compare how Vanadium is prioritized across national critical mineral strategies.

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