Vanadinite Vanadinite Vanadinite is a mineral belonging to the apatite group of phosphates, with the chemical formula Pb(VO)Cl. It is one of the main industrial ores of the metal vanadium and a minor source of lead. A dense, brittle mineral, it is usually found in the form of red hexagonal crystals. It is an uncommon mineral, formed by the oxidation of lead ore deposits such as galena. First discovered in 1801 in Mexico, vanadinite deposits have since been unearthed in South America, Europe, Africa, and North America. Vanadinite is an uncommon mineral, only occurring as the result of chemical alterations to
Mineral industry of Paraguay shown interest in the country, which could support continued economic growth and foreign direct investment (FDI) in new technologies well into the next decade. In 2006, Paraguay produced mostly cement, clays, iron ore, natural gas, pig iron, and steel. Paraguay's mineral reserves and resources were unidentified. The mineral industry of Paraguay mostly consists of Paraguayan state-owned firms. The structure of the country's mineral industry would, however, change, particularly in the natural gas sector, to a privately and/or joint-venture owned, government-regulated regime from one that was only government owned (Banco Central del Paraguay, 2007). FDI inflows to Mercosur increased to $25.1