ferrovanadium

It also said that doubling of ferrovanadium prices in the past month would provide further earnings support.

The company also has attractive growth opportunities in ferrovanadium and vacuum furnaces.'

Approximately 85% of vanadium produced is used as ferrovanadium or as a steel additive.

Most vanadium is used as an alloy called ferrovanadium as an additive to improve steels.

Technical grade VO is produced as a black powder used for the production of vanadium metal and ferrovanadium.

In terms of quantity, the dominant use for vanadium(V) oxide is in the production of ferrovanadium (see above).

This produces a slag containing 20% to 24% vanadium pentoxide, which can be further processed to ferrovanadium containing 40% to 50% vanadium.

Ferrouranium is used as a deoxidizer (more powerful than ferrovanadium), for denitrogenizing steel, for forming carbides, and as an alloying element.

The aluminothermic reaction is used for the production of several ferroalloys, for example ferroniobium from niobium pentoxide and ferrovanadium from iron, vanadium(V) oxide, and aluminium.

(Adds detail/comment) By Pratima Desai LONDON, Feb 7 (Reuters) - Prices of ferrovanadium have surged by more than 50 percent this week to their highest levels since June 2005 on jitters over supplies from South Africa and China where power problems have hit metals production.