Ferro Vanadium was primarily recovered from titanium-bearing magnetite ore processed to produce pig iron. The process produces a slag containing 20% to 24% vanadium pentoxide, which can be further processed to ferrovanadium containing 40% to 50% vanadium. 84% came from ferrovanadium and nearly all of it (99%) went into steel manufacturing. The Ferro Vanadium is used as an alloying agent for the metals iron and steel and also aerospace.