China is now a net importer of vanadium, a situation which is expected to persist, Bushveld Minerals CEO Fortune Mojapelo said on Tuesday. Speaking at question-and-answer time after presenting a solid set of financial results for 2019, Mojapelo said in response to SP Angel mining analyst John Meyer, Mojapelo said the implementation of rebar standards for steel production had resulted in the higher intensity of the use of vanadium in steel and the transition to renewable energy was also increasing the demand for vanadium.
