Treibacher Affirms Compliance with US Sanctions on Russian Vanadium, Ensures Stable Supply of FeV and V205

Treibacher

Austrian metals producer Treibacher announced today that it had proactively ended all dealings with suppliers connected to Russian-origin vanadium prior to the latest US sanctions taking effect last week. The company confirmed its compliance with these sanctions, which aim to restrict Russian vanadium supply chains and particularly affect major steelmaker Evraz Group’s operations, including its Vanadi Tula facility producing vanadium pentoxide (V205).

The US government’s August sanctions have intensified concerns among vanadium buyers, especially for products like ferro-vanadium and vanadium-aluminium alloys, essential in aerospace titanium grades. Treibacher has faced questions from buyers uncertain about the “clean” origin of its materials. In response, Treibacher issued a public statement to reassure clients, affirming that it strictly adheres to the sanctions.

"Treibacher continues to utilise its own substantial feedstock and its extensive global supplier network to secure the supply of vanadium oxide and ferro-vanadium to its customers," the company stated, highlighting its global resource network and robust supply chain.

Since the announcement of these sanctions, some market participants have reportedly raised their offer prices to leverage the uncertainty surrounding Russian vanadium supplies.