Date: Sep 25, 2018
Henry Ford was one of the first exponents of vanadium, using the metal to strengthen the Model T, the car credited with introducing the automotive industry to the masses in the early 1900s. A few years later, vanadium was sported on the battleground and used in the manufacture of body amour in the First World War. Since then it has made its way into everything from engine turbines and drill bits to spanners and saws. Apart from the steel sector, vanadium is used in vanadium flow batteries which are becoming very popular in China for large scale energy storage. Vanadium is one of the best performing commodities in the past 2 years, rising almost 4 fold.