Australian Vanadium Ltd (ASX:AVL, OTCQB:ATVVF) CEO Graham Arvidson tells Proactive the company has successfully completed its merger with Technology Metals Australia, having now acquired all shares in TMT. The transaction also merges two adjoining vanadium projects across one orebody, offering greater technical expertise and more cost-effective exploration and development. AVL intends to become a world leader in the vanadium supply chain, targeting critical and battery metals within integrated projects with the goal of servicing the vanadium redox flow battery industry, which subsidiary VSUN already operates within. Now the company has engaged the Wood Group to produce an optimised feasibility study, which will bring together the best aspects of both projects.
Australian Vanadium completes merger with Technology Metals Australia
