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 Peru privatization process in the minerals sector and FDI in every sector of the Peruvian economy, particularly in the banking and energy industries are expected to continue to generate additional investments. Higher demand for copper, gold, iron ore, and silver and high metal prices are likely to encourage mining companies to invest in expanding and modernizing their operations. The liquefaction of Camisea's natural gas for export to China, MERCOSUR, North American Free Trade Agreement (NAFTA), and other trading partners is expected to increase Peru's mineral exports further. The transportation phase of Camisea's pipelines for natural gas (714 km) and for natural