Glencore cut in vanadium output continues to push prices higher

News Thursday that major miner and minerals trade Glencore has produced 10% less vanadium owing to lower kiln availability and maintenance on their evaporation plant is good news for vanadium prices with the shortfall in production likely to continue to support higher vanadium prices for longer. According to London-based boutique investment dealer SP Angel, vanadium pentoxide (V2O5) prices have jumped another 11% since April 7, and it is possible that vanadium flake prices may have risen further.