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🇰🇿 Vanadium Price Today in Kazakhstan | ₸15,040,000
Live vanadium price in Kazakhstani Tenge (KZT) — updated every minute
Last updated: May 5, 2026, 12:57 AM ET
Price (KZT)
₸15,040,000
Price (USD)
$32,000
USD/Vanadium Spot
$32,000.00
USD/KZT Rate
1 USD = 470 KZT
About Vanadium
Vanadium is primarily used as a steel alloying element (rebar and high-strength steel) and is gaining attention for vanadium redox flow batteries (VRFBs) — a promising grid-scale energy storage technology. China dominates global supply and consumption. Vanadium prices are highly volatile, having surged from $20,000 to $130,000/ton in 2018 before crashing back.
Vanadium price in Kazakhstan: what drives it?
Vanadium sits at the intersection of traditional steel demand and the energy storage revolution. Vanadium redox flow batteries are particularly suitable for multi-hour grid storage, competing with lithium-ion in stationary storage. Chinese steel regulations requiring higher vanadium content in rebar can trigger sharp price spikes. The vanadium price in Kazakhstan is determined by the global USD spot price multiplied by the USD/KZT exchange rate.
Frequently Asked Questions — Vanadium in Kazakhstan
What is the vanadium price today in Kazakhstan?
Vanadium prices in Kazakhstan are based on the vanadium pentoxide (V₂O₅) or ferrovanadium spot price in USD per metric ton, converted to Kazakhstani Tenge. There is no major exchange-listed vanadium futures contract; prices are quoted by specialist market reporters.
What is vanadium used for?
Approximately 90% of vanadium goes into steel production as ferrovanadium — adding vanadium significantly increases strength and reduces the amount of steel needed in construction. The remaining 10% includes vanadium redox flow batteries (VRFBs) for grid energy storage, titanium-vanadium alloys for aerospace, and chemical applications.
What are vanadium redox flow batteries?
Vanadium redox flow batteries (VRFBs) store energy in liquid vanadium electrolyte solutions. Unlike lithium-ion batteries, they can be recharged indefinitely without capacity degradation, making them ideal for long-duration grid storage. Large-scale VRFB projects are operating in China, Australia, and Germany.
Why did vanadium prices spike to $130,000/ton in 2018?
In 2017–2018, China tightened its rebar quality standards, mandating higher vanadium content in construction steel. This created a sudden demand surge that caught the market off guard. Supply response was slow due to the limited number of producers and long mine development timelines, driving a historic price spike.
Where is vanadium produced?
China produces approximately 57% of global vanadium, primarily from vanadium-rich iron ore slags (steel production byproduct). Russia (17%), South Africa (8%), and Brazil are other significant producers. The Bushveld Vanadium mine in South Africa is one of the world's largest primary vanadium deposits.