As vanadium prices increase, uranium miners in the USA and elsewhere are looking to capitalise on the vanadium that is co-present with uranium in certain deposits to add value to their operations.
Source: world-nuclear-news.org
As Vanadium demand continues to surge on increasing usage in electrical storage and batteries, several explorers and producers are expanding production at existing mines and commissioning new mines. In the US, two companies recently announced plans to expand production. Energy Fuels Inc. has started a limited conventional vanadium mining programme at its La Sal complex of uranium and vanadium mines in Utah. The company also plans to resume vanadium production at the White Mesa mill, the only operating conventional uranium mill in the US with a licensed capacity of 8 million pounds U3O8 (3077 tU) per year. Another company, Western Uranium & Vanadium Corp, plans to re-open the Sunday mine complex in Colorado with the aim of upgrading the project’s vanadium resource.
