Australia's Identified Mineral Resources 2022 Vanadium
Page last updated:26 February 2026
Critical Mineral
Ore Reserves
1,683 kt V
26%
EDR
10,173 kt V
2%
Operating Mines
0
n.c.
Production
n.a.
0%
Export Income
n.a.
0%
World Ranking
Resources
1 (51%)
Production
n.a. (0%)
Major Uses:
Alloyed with iron for high-strength steel applications, ceramics, electronics, textiles, fertilisers, synthetic rubber, batteries and alloys used in nuclear engineering and superconductors.
Abbreviations
n.c. – no change; kt V – kilotonnes of vanadium content; n.a. – not available.
Notes
Resource figures are as at 31 December 2024. Operating mines and production are for calendar year 2024. Percentage increases and decreases and changes in the number of mines are in relation to 2023. World rankings are followed by percentage share in brackets.
Figure 35. Australian vanadium deposits, 2024. Deposit size is based on total resources (EDR + Subeconomic Demonstrated Resources + Inferred). For clarity, only major or significant deposits are labelled.