Australian Vanadium commences drilling extensions, JORC update expected
Drilling aims to further define and add value to the high-grade vanadium magnetite zone.
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 drilling confirms high-grade massive magnetite horizons at namesake project
Positive results improve the resource interpretation to support an updated mineral resource estimate at The Australian Vanadium Project.
Australian Vanadium signs option agreement to locate processing plant near Geraldton, WA
New location of processing plant will reduce remote site capex at Meekatharra mine site, including removing the need for a gas pipeline to site
Australian Vanadium completes drilling program targeting resource upgrade at namesake project
Further drilling targeting highest priority locations planned this calendar year, with infill drilling of remaining lower priority targets scheduled for 2020.
Australian Vanadium sells vanadium redox flow battery to a dairy farm in Victoria
The company’s goal is to grow the demand for redox flow battery to ensure that the market for vanadium isn’t purely driven by steel.
Australian Vanadium spins the drill bit at namesake vanadium project
The company plans to update its mineral resource statement at the end of each drill campaign.
Australian Vanadium banks $250,000 tax refund from Australian Government
The company will continue to apply for R&D refunds as it focuses on improving vanadium recovery at its namesake project.
Australian Vanadium raises $6.6 million through share purchase plan and placement
The company is focused on positioning itself as a global, low-cost vanadium producer by optimising capital and operating costs.
Australian Vanadium in trading halt ahead of material capital raising
The company is actively negotiating potential offtake agreements for the calcine product and vanadium produced from the Australian Vanadium Project in WA.
Hardware & electrical equipment
Australian Vanadium subsidiary signs MoU for renewable energy system at remote school
VSUN Energy is applying for a grant to install a vanadium redox flow battery and solar photovoltaic system.
Australian Vanadium’s high-grade vanadium supports DFS: Eden Capital Markets
AVL is expected to convert a significant proportion of its current resource into reserves through infill drilling for a modest expenditure.
Australian Vanadium tests confirm potential for commercial iron by-product
Bench-scale testing by has upgraded the calcine iron content to an average of 66% iron, which could be sold into the global iron ore market.
Australian Vanadium’s WA project granted Major Project Status
The status recognises the national strategic significance of The Australian Vanadium Project through its contribution to economic growth, employment and regional Western Australia.
Hardware & electrical equipment
Australian Vanadium VRFB will be part of solar and energy storage system at orchard
A 100kW solar system with a 20kW power, 80kWh energy storage Vanadium Redox Flow Battery will be installed by Priest Bros.
Australian Vanadium chooses industrial leader Metso to conduct vanadium pilot roast work
The vanadium roast pilot testing will start in October at Metso’s pyrometallurgical testing facilities in the USA after the magnetic concentrate pilot is completed in Perth.
Australian Vanadium signs MoU for energy storage opportunities using vanadium redox flow battery technology
The agreement is with Metrowest which provides turnkey solutions from design through to commissioning, using in-house technical knowledge.
Investments and investor services
Australian Vanadium extraction test work shows positive results as DFS work continues
The test work being undertaken on the high-grade Australian Vanadium Project continues to confirm the deposit's quality.
Coffee with Samso - Vincent Algar and insights about vanadium
Australian Vanadium Ltd managing director Vincent Algar discusses the fundamentals of the vanadium market and uses of the mineral.
Australian Vanadium will use positive assay results for upgraded resource estimate
A robust approach to optimise process design aims to distinguish The Australian Vanadium Project as the leading global vanadium project of choice.
Australian Vanadium director demonstrates support by acquiring 2.5 million shares on-market
Non-executive director Daniel Harris has purchased shares valued at $35,000.