Evraz began construction of a vanadium plant in the Uzlovaya special economic zone in the Tula region. As a result of the project, production of pure vanadium at Evraz facilities in the region will increase from 7,500 to 17,000 tons per year. The expected share of the company in the world production of vanadium products will be about 15%. Investments in the project will amount to $228 mln, which is scheduled to be launched in 2025.