EVRAZ Stratcor’s unique facilities at its Hot Springs, Arkansas plant produce up to 12 million pounds per year of the highest-purity vanadium oxide in the world. Some of this oxide is then converted into vanadium-aluminum that meets the critical-quality requirements of titanium alloys used in jet aircraft and other aerospace applications. Hot Springs also converts this vanadium oxide into many specialty products that play a vital role in the production of chemicals, petrochemicals, gases, and storage batteries. Hot Springs oxide is also the vanadium source for ferrovanadium that strengthens steel. Evraz bought a major interest in this business in 2006 as part of its purchase of Strategic Minerals Corporation.