Vanadium stabilizes the beta form of titanium and increases the strength and temperature stability of titanium. Mixed with aluminium in titanium alloys, it is used in jet engines, high-speed airframes and dental implants.
The future of vanadium mining in Canada. As mentioned, last year China, South Africa and Russia were the only significant producers of vanadium. According to the US Geological Survey, respectively they put out 41,000 MT, 21,000 MT and 15,000 MT; other unspecified countries put out a combined 600 MT.
Titanium has outstanding corrosion resistance to sea water, and thus is used in propeller shafts, rigging and other parts of boats that are exposed to sea water. Titanium and its alloys are used in airplanes, missiles and rockets where strength, low weight and resistance to high temperatures are important.
Titanium / Vanadium. The King River Copper Limited tenements contain one of the worlds largest undeveloped Titanium / Vanadium in magnetite deposits with combined Measured, Indicated and Inferred Resources totalling 4.7 billion tonnes at 0.30% V2O5 and 2% Ti (at 0.23% V2O5 cut-off grade) in 3 deposits.
Vanadium is mined mostly in South Africa, north-western China, and eastern Russia. In 2007, these three countries mined more than 95 percent of the 58,600 tonnes of produced vanadium. Canada is moving up on the list when it comes to vanadium production, and therefore is well positioned to capitalize on the current green energy push.
Of these, King River Copper has conducted advanced metallurgical test work which has resulted in high purity titanium dioxide and vanadium pentoxide products. Australian Vanadium has also carried out test work on their project, resulting in the production of a combined concentrate yielding around 15% titanium dioxide.