Don't look now, but vanadium demand is ramping up, according to Jon Hykawy, head of global research with Toronto-based
Byron Capital Markets. Vanadium is mostly used to strengthen steel, but the metal could see its demand dramatically increase if battery manufacturers start using it to boost power output in lithium-vanadium cells. In this exclusive interview with
The Gold Report, Jon talks about some potential demand drivers for vanadium and some companies looking to capitalize on the impending boost in vanadium use.