Restart of Operations at the Arkansas-Based Facility Will Create New Jobs and Will Allow the U.S. to Once Again Produce the Highest-Purity Vanadium Pentoxide Made Anywhere in the World.

HOT SPRINGS, Ark., Oct. 14, 2019 /PRNewswire/ — U.S. Vanadium Holding Company LLC (“US Vanadium”) today announced the closing of its acquisition from a leading Russian steel conglomerate of the only facility in the Americas that produces the world’s highest-purity vanadium pentoxide (“V₂O₅“).

The facility, located in Hot Springs, Arkansas, can produce V₂O₅ at the very high purity levels required by demanding applications such as maleic anhydride catalyst, bismuth vanadate pigments and vanadium redox flow batteries (“VRBs”).