Sweden: Boliden is interested in extracting vanadium from slag heaps owned by SSAB. The mining and smelting company has reportedly been interested in this process for several years and has developed an extraction method. Boliden was due to be updated on the matter by SSAB in March 2016, according to Esmerk Swedish News.
However, Finnish company Mustavaaran Kaivos is considered the most likely to cooperate with SSAB. The company plans to relaunch vanadium extraction in Finland, and has developed a high temperature method. The development has been supported by SSAB, Swedish research foundation Mistra, Swedish mining company LKAB and Finnish steel company Rautaruukki.