The green metal properties of elemental vanadium and its application value in the fields of agriculture and forestry were introduced,and the related situation of vanadium resources,industry,market,logistics,standardization and technological progress in 2023 was expounded,and the operation situation of vanadium industry during the report period was analyzed emphatically.In 2023,the global and China's vanadium production reached a new record high,and the consumption of vanadium in the world and major countries increased again,reaching the second highest level in history.The ranking position of vanadium resource countries in the world has been greatly adjusted,Australia has risen to the first vanadium resource country in the world,and China has retreated to the third place.The bright spot of Chinas vanadium industry this year is that the rise and growth of the all-vanadium flow battery industry has driven the integrated development of the entire vanadium industry chain upstream and downstream;The output of vanadium extraction from filter slag by Bayer process was doubled.The scale of production of high vanadium pig iron from steel slag containing vanadium is expanded and accelerated.The long process yield of vanadium extraction from vanadium titanium magnetite has been effectively improved.The global vanadium industry is actively entering a new era of green development driven by the"double carbon"goal.