South Africa’s second largest steel producer uses vanadium-bearing iron ore in its operations, producing a slag that contains 20% vanadium oxide. Vanadium is extracted from this slag at Vametco or Highveld and Treibacher’s joint-venture Hochvanadium. Hochvanadium uses Treibacher capacities to process the slag and can produce up to 6,900 tons of ferrovanadium per year. EVRAZ acquired Highveld in 2007.
In 2012, EVRAZ Highveld produced 43 thousand tonnes of vanadium slag.