Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility
Green Car Congress
FEBRUARY 17, 2020
However, the spike in vanadium prices (ferrovanadium prices increased by about 200% in 2018) caused Chinese mills to substitute niobium to vanadium and Chinese niobium imports increased 30% year-on-year both in 2018 and 2019. Moreover, Roskill forecasts that China’s steel production is close to its peak. Griffith et al.
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