The Global Vanadium Recycling Market was valued at US$ 99 Million in 2025 and is projected to reach US$ 205 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period (2024–2034). This robust growth is fueled by the critical role of vanadium in high-strength steel alloys and the rapidly expanding Vanadium Redox Flow Battery (VRFB) sector, driving demand for sustainable and secure supply chains through recycling.

As the global economy pivots towards a circular model and the energy transition accelerates, the spotlight is on the specialized companies turning waste streams into valuable resources. In this blog, we profile the Top 10 Companies in the Vanadium Recycling Industry—a mix of established metal recoverers, chemical processors, and innovative technology pioneers shaping the future of this essential market.

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🔟 1. AMG Vanadium

Headquarters: Cambridge, Ohio, USA
Key Offering: Recycled Vanadium Pentoxide (V₂O₅), Vanadium Chemicals

AMG Vanadium is a global leader in the recycling of vanadium-bearing catalysts and alloys. The company operates one of the world’s largest and most advanced vanadium recycling facilities, processing spent catalysts from the chemical and petrochemical industries to produce high-purity vanadium products.

Sustainability Initiatives:

• Diverts millions of pounds of hazardous waste from landfills annually

• Advanced pyrometallurgical and hydrometallurgical processing technologies

• Strategic focus on securing a sustainable vanadium supply for the VRFB market

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9️⃣ 2. Metal & Catalyst Resources

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Spent Catalyst Recycling, Recovered Vanadium & Molybdenum

Metal & Catalyst Resources specializes in the recycling of precious and base metal-bearing spent catalysts. The company provides a full-service solution, from collection and logistics to processing and refining, serving refineries and chemical plants worldwide.

Sustainability Initiatives:

• Closed-loop recycling programs for industrial clients

• Zero-waste-to-landfill philosophy for processed materials

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8️⃣ 3. Neometals Ltd

Headquarters: West Perth, Western Australia, Australia
Key Offering: Vanadium Recovery Technology, Titanium-Vanadium Co-Products

Neometals is an innovative resource developer with a proprietary vanadium recovery process. Their focus is on extracting vanadium from steelmaking slag and other secondary resources, offering a sustainable alternative to primary mining.

Sustainability Initiatives:

• Development of a novel hydrometallurgical vanadium recovery process (VRP1)

• Aiming to produce battery-grade vanadium electrolyte from waste streams

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Vanadium Recycling Market – View in Detailed Research Report

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7️⃣ 4. Taiyo Koko Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Vanadium Slag Recycling, Ferrovanadium Production

Taiyo Koko is a key player in Japan’s recycling sector, focusing on the recovery of valuable metals from industrial by-products. The company has significant expertise in processing vanadium-containing steel slag to produce ferrovanadium, a critical alloying agent.

Sustainability Initiatives:

• Long-standing partnerships with Japanese steel mills for slag recycling

• Contribution to Japan’s national resource security strategy

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6️⃣ 5. Iran Vanadium

Headquarters: Tehran, Iran
Key Offering: Primary and Secondary Vanadium Production

As a significant vanadium producer from primary sources, Iran Vanadium also engages in recycling activities within its regional market. The company leverages its metallurgical expertise to process vanadium-bearing materials.

Sustainability Initiatives:

• Integration of secondary materials into primary production flows

• Focus on optimizing resource efficiency in local industrial processes

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5️⃣ 6. Aleon Metals

Headquarters: London, United Kingdom
Key Offering: Minor Metal Trading and Recycling

Aleon Metals is a trader and recycler of minor and specialty metals, including vanadium. The company sources secondary vanadium materials from various global streams and facilitates their re-entry into the market, connecting suppliers with end-users.

Sustainability Initiatives:

• Global logistics network for collecting and distributing secondary metals

• Promoting the circular economy through efficient material brokerage

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4️⃣ 7. RS-Recycling GmbH

Headquarters: Düsseldorf, Germany
Key Offering: Industrial Waste Recycling, Metal Recovery

RS-Recycling operates in the heart of Europe’s industrial belt, providing comprehensive recycling services for metal-containing wastes. The company processes vanadium-rich residues from the chemical and steel industries.

Sustainability Initiatives:

• Compliance with stringent EU environmental and waste management directives

• Development of tailored recycling solutions for complex waste streams

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3️⃣ 8. LB Group

Headquarters: Panzhihua, Sichuan, China
Key Offering: Integrated Vanadium Production and Recycling

LB Group is a major Chinese chemical company with significant operations in vanadium. It leverages its vertical integration to recycle vanadium from process streams and post-consumer materials, particularly within the Chinese market.

Sustainability Initiatives:

• Large-scale recovery of vanadium from titanium pigment waste streams

• Investment in technologies to improve recycling yields and reduce environmental impact

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2️⃣ 9. Henan Rongjia Scandium Vanadium Science & Technology

Headquarters: Zhengzhou, Henan, China
Key Offering: Scandium and Vanadium Recycling, High-Purity Metals

This company specializes in the recovery and purification of strategic metals like scandium and vanadium. Their technological focus is on extracting high-value products from industrial by-products and end-of-life materials.

Sustainability Initiatives:

• Research and development in co-processing techniques for multiple critical metals

• Supplying recycled materials to the high-tech and aerospace sectors

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1️⃣ 10. Sichuan Vanadium New Material Co., Ltd.

Headquarters: Chengdu, Sichuan, China
Key Offering: Vanadium Electrolyte, VRFB Materials from Recycled Sources

Sichuan Vanadium New Material is at the forefront of supplying the energy storage market. The company is developing pathways to produce vanadium electrolyte for flow batteries using recycled vanadium, creating a crucial link between recycling and clean energy.

Sustainability Initiatives:

• Pioneering the production of “green” vanadium electrolyte

• Strategic partnerships with VRFB manufacturers to create circular supply chains

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Vanadium Recycling Market – View in Detailed Research Report

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🌍 Outlook: The Future of Vanadium Recycling Is Integral to the Green Transition

The vanadium recycling market is undergoing a fundamental transformation. Once a niche activity, it is now recognized as a strategic imperative for ensuring a stable, sustainable, and cost-effective supply of this critical metal for the 21st century.

📈 Key Trends Shaping the Market:

• Exponential growth in VRFB installations for grid-scale energy storage, creating a future secondary vanadium resource

• Increasingly stringent environmental regulations promoting industrial waste recycling and circular economy principles

• Technological advancements in hydrometallurgical processes improving recovery rates and reducing costs

• Geopolitical factors and supply chain security concerns driving investment in domestic recycling capabilities

Get Full Report Here:
Vanadium Recycling Market – View in Detailed Research Report

The companies listed above are not only recovering a valuable metal—they are building the foundation for a circular and sustainable industrial ecosystem.