BEIJING (Asian Metal) 22 May 20 – Quanzhou Fengpeng Environmental Protection Technology Co., Ltd. is dealing with a 38,000t/y of waste catalyst comprehensive utilization project and would start to produce ammonium metavanadate 98%min from this October, a source told Asian Metal.
“We would buy scrap vanadium catalysts and vanadium containing flue ash as raw materials by bid for refineries and power plants. Our product would be ammonium metavanadate 98%min,” a source from this company said. Quanzhou EPA approved this project on March 2018. They are building the production line for ammonium metavanadate at the moment. According to the project progress, they would start to produce from October 2020. In normal, they could produce about 100tpm and the detail output would depend on the supply of raw materials.
Located in Quanzhou, they would be the only producer for ammonium metavanadate in Fujian.
This Thursday, mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB93,000-95,000/t (USD13.1-13.4/kg) EXW D/P, up by RMB1,000/t (USD0.1/kg) from last week. Most suppliers plan to raise prices further but downstream consumers follow up slowly.
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