A long-term annual-average price series for vanadium is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.
Latest tracked price: $5,700 per USD/t (as of 2026-05-03).
Vanadium is a hard, silvery-grey metal used to strengthen steel and in vanadium redox flow batteries for grid-scale energy storage. Vanadium flow batteries are emerging as a leading technology for long-duration renewable energy storage.
Vanadium is critical for high-strength steel used in construction and vehicles, and vanadium flow batteries are key to enabling long-duration renewable energy storage on the grid. Demand is driven primarily by Vanadium steel alloys for high-strength construction, Vanadium redox flow batteries for grid storage, Aerospace and defense alloys. Supply is concentrated in China, Russia, South Africa, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Vanadium prices.
The latest tracked vanadium price is $5,700 per USD/t. Live spot prices are shown on the Vanadium live-price page.
A long-term annual-average series for vanadium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
A long-term annual-average series for vanadium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
A long-term annual-average series for vanadium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
Vanadium is critical for high-strength steel used in construction and vehicles, and vanadium flow batteries are key to enabling long-duration renewable energy storage on the grid. Demand is driven primarily by Vanadium steel alloys for high-strength construction, Vanadium redox flow batteries for grid storage, Aerospace and defense alloys. Supply is concentrated in China, Russia, South Africa, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Vanadium prices.