What is the current fluorspar price?

As of April 23, 2026, acid-grade fluorspar in China is trading at approximately $418/MT. Prices vary by region and grade.

Which country produces the most fluorspar?

China is the world's largest fluorspar producer, accounting for approximately 62% of global production, followed by Mongolia (11%) and Mexico (21%).

The “Illinois–Kentucky Fluorspar District” (IKFD) is a historic fluorspar (fluorite) mining region, located in western Kentucky (Crittenden & Livingston counties) and southern Illinois. CleanTech Vanadium Mining Corp.
CleanTech — via its wholly owned subsidiary US Fluorspar LLC — in 2025 completed a series of acquisitions / option‑to‑purchase agreements granting it mineral rights over a large package of lands in this district. CleanTech Vanadium Mining Corp.
As of late 2025, CleanTech reports that it controls over 17,550 acres of mineral‑rights land in the IKFD (about 14,700 acres in Kentucky + ~2,800 acres in Illinois) via various properties/sub‑projects. Junior Mining Networ
The project encompasses more than a dozen distinct historic fluorspar deposits (or sub‑projects), many with prior production. fluorspar.com

The district’s geology: the fluorspar deposits are hosted in Mississippian‑age limestone. Mineralization is structurally controlled: normal faults (NW–SE striking) and, locally, dikes related to a geological structure called Hicks Dome. fluorspar.com+2Sahm+2
Fluorspar is found mainly in steep fault‑fill veins, breccia zones, and carbonate replacement zones along favorable limestone beds — classic vein/replacement‑type fluorspar mineralization. CleanTech Vanadium Mining Corp
Accessory (or associated) minerals often include sphalerite (zinc ore) and galena (lead ore), in addition to fluorspar (CaF₂). CleanTech Vanadium Mining Corp.
Some historically reported resource blocks (from older estimates) include: e.g. the Campbell‑Crotser Project: ~805,841 tons of fluorspar at 37.10% CaF₂, along with ~3.23% zinc and ~0.99% lead. miningstockeducation.com

The IKFD was long the primary domestic source of fluorspar in the U.S. — historically, operations in this district produced a substantial share of U.S. fluorspar supply. CleanTech Vanadium Mining Corp.
According to CleanTech’s public materials: over 150 years of exploration/mining in IKFD, and historically more than 12.5 million tons of refined fluorspar and 20 million tons of crude fluorspar were produced from the district. fluorspar.com+2CleanTech Vanadium Mining Corp.+2
The district’s mines effectively supplied a large portion of demand in various industries — metallurgy (flux in steel / aluminum), chemicals (fluorochemicals, hydrofluoric acid), and other industrial uses. fluorspar.com+2Sahm+2

In 2025, CleanTech initiated a push to acquire historic fluorspar mineral rights in IKFD — culminating in the 7,180‑acre acquisition in August 2025 costing US$4,000,000 via option‑to‑purchase contracts. CleanTech Vanadium Mining Corp.
The company claims they now hold one of the largest fluorspar resource portfolios in the U.S. by land size and historic resource count — positioning them to potentially resume domestic fluorspar production in a market where the U.S. is otherwise highly import‑dependent. CleanTech Vanadium Mining Corp.+2CleanTech Vanadium Mining Corp
CleanTech’s stated vision: to supply fluorspar (and associated minerals) as a critical mineral for modern industries — including applications in nuclear fuel (through fluorine), battery electrolytes for EVs and energy storage, steel/aluminum fluxing, and other industrial sectors. Newsfile+2fluorspar.com
CleanTech also acquired additional properties near the geological structure Hicks Dome, which — besides fluorspar — may have enrichments in rare earth elements (REE) and other critical metals, potentially adding strategic value beyond fluorspar. Junior Mining Network

The resource estimates for many of the CleanTech‑held deposits are “historic” (i.e. from old drilling campaigns / mining records) — they do not yet meet modern resource classification standards (e.g., under Canadian NI 43‑101 or similar). CleanTech itself notes that additional drilling, data compilation, validation, and updated geological modelling will be needed to confirm and upgrade the resource. CleanTech Vanadium Mining Corp.
Therefore, while the potential looks promising (given scale + geology + historic data), actual production viability — and whether economically recoverable fluorspar + any by‑products (Zn, Pb, maybe REE) can be realized — remains to be demonstrated under modern mining/market conditions.
Market risk: historically, IKFD mining declined / largely shut down decades ago — partly because global fluorspar supply (especially from China) undercut U.S. production. CleanTech’s revival depends on fluorspar prices, demand, regulatory/compliance costs, and ability to restart mining under modern environmental/safety standards. CleanTech Vanadium Mining Corp.

Fluorspar Market Analyst

FluorsparPrice.com

15+ years experience in mineral commodities trading with focus on fluorspar markets in Mongolia and China.

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