Ecofer has done technology development for cold process to recover vanadium from the slag. Technology development has been done in cooperation with a Finnish technology company.
Process have been tested and results are promising: In the test we have reached 70% recovery rate with 80%(FeV80) vanadium content. Vanadium FeV80 market price is approx. 20.000 USD/ton.
The goal is to build up the pilot plant in Finland during year 2017.