Australian Vanadium signs MOU with Spanish vanadium redox flow battery specialist
AVL and E22 will collaborate on offtake of vanadium pentoxide, vanadium electrolyte and battery sales into the Australian and global markets.
Company
Australian Vanadium Ltd
ASX:AVL
Australian Vanadium Ltd (ASX:AVL, OTCQB:ATVVF) is a resource company focused on vanadium, seeking to offer investors a unique exposure to all aspects of the vanadium value chain – from resource through to steel and energy storage opportunities. The company is advancing the development of its world-class Australian Vanadium Project at Gabaninthaoject near Meekatharra, which is among the highest-grade vanadium projects in the world. VSUN Energy is AVL’s 100% owned renewable energy and energy storage subsidiary which is focused on developing the Australian market for vanadium flow batteries for long duration energy storage.
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Australian Vanadium signs offtake LOI with Shenglong Metallurgy
AVL and Shenglong will look to finalise the ore sale contract in 2023, at a yearly tonnage to be determined.
Australian Vanadium reports 14.8% increase in vanadium resource at namesake project
The Australia Vanadium Project’s total mineral resource now stands at 239 million tonnes at 0.73% vanadium pentoxide.
Australian Vanadium partner Bryah confirms multiple structural gold targets at Gabanintha
The latest results support the potential for gold mineralisation in nine structural corridors over 11 kilometres in cross-cutting fault zones adjacent to the vanadium-titanium magnetite (VTM) deposit.
Australian Vanadium doubles down on EM conductors at Coates Project in WA
“The 1,900-metre-long coincident, magnetic high, EM high and topographic low further validate our past work at Coates and provide the impetus for our planned drilling program using EIS funding late in 2021,” says MD.
Australian Vanadium awards first stage of electrolyte manufacturing plant build to Primero
Australian Vanadium has garnered support from the market and the Australian Federal Government for its plans to build Australia's first full-scale vanadium electrolyte plant in partnership with Primero.
Australian Vanadium reports higher vanadium and iron grades in test-work
The company is undertaking beneficiation test-work aimed at boosting the economic value of the ore by removing worthless minerals and resulting in higher grades.
Australian Vanadium appoints global financial adviser for vanadium project construction
The company has engaged structured finance specialist HCF International Advisers Limited which, in partnership with Grant Thornton Australia, will help evaluate and arrange debt financing for construction of the Australian Vanadium Project.
Australian Vanadium subsidiary to install three vanadium redox flow batteries in Australia
The company is advancing high purity vanadium production, construction of a commercial electrolyte plant, and manufacture of residential and stand-alone power systems based on vanadium redox flow battery technology.
Australian Vanadium completes $8.7 million placement to advance its namesake project
Funds raised from the placement will be applied towards the completion and delivery of the bankable feasibility study for the Australian Vanadium Project.
Australian Vanadium in trading halt with capital raising news pending
The company’s shares will remain in a trading halt until Tuesday, August 24, or when an announcement is released to the market.
Australian Vanadium hopes to produce about 5% of the global supply of vanadium pentoxide
Vanadium is a strategic and critical metal for many countries, due to its use in steel and potential for battery storage.
Australian Vanadium signs MOU with US company for supply of high-purity vanadium oxides for production in Australia
The MOU includes the licence for low-cost USV technology to convert vanadium oxides to vanadium electrolyte for use in vanadium redox flow batteries (VRFBs).
Australian Vanadium and partner begin joint regional aircore drilling program at Gabanintha Project
Partners Australian Vanadium and Bryah Resources are also progressing with the proposed spin-off of Star Resources that holds a non-core gold exploration asset.
Australian Vanadium highlights Ni-Cu-PGE prospects at Coates
Significant recent discoveries in the region have supported AVL’s expansion of exploration for nickel, base metals, gold and PGEs at the Coates Project.
Australian Vanadium two-stage pilot-scale water leach process meets target for world-leading extraction, supports BFS
AVL's mechanical water leach circuit has been shown to be a viable, cost-effective design, maximising onshore Australian extraction of high-value critical mineral vanadium products.
Australian Vanadium aims to develop robust, long-life vanadium project in WA
The company’s key driver going forwards is to deliver a bankable feasibility study for the project with an operating cost that can withstand the cyclical lows of the vanadium market.
Australian Vanadium secures $3.69 million in Federal funding to help design, build and operate vanadium battery electrolyte plant
The award represents a multi-million dollar funding opportunity for AVL, which will use the fresh capital to develop its vanadium-powered battery offering for the Australian energy market.
Australian Vanadium confirms high extraction rates in pellet leach pilot work
88-90% vanadium extraction was achieved during pilot-scale mechanical water leaching, advancing key final processing design elements of a bankable feasibility study for the Australian Vanadium Project.
Australian Vanadium leveraged to Bryah Resources’ cobalt upgrade
Bryah Resources has reported a 31.3 million tonne nickel-copper-cobalt resource at the Australian Vanadium Project.