Iron is the backbone of the industrial development of a country. Demand for iron ore is expected to remain high for many years to come, given its many uses in infrastructure, transportation and manufacturing.
Titanium is as strong as steel but much less dense. It is therefore important as an alloying agent with many metals including aluminium, molybdenum and iron.
Vanadium is an important element. It is on the U.S Governments list of “Critical Minerals.” Vanadium is primarily used in high-strength steel, titanium, aluminum and other alloys.