Australian Vanadium Limited (ASX: AVL) is based in Perth and is developing the Australian Vanadium Project in Western Australia. AVL intends to supply high-grade vanadium to the global steel and energy storage markets and vanadium electrolyte for vanadium redox flow batteries.
The Australian Vanadium Project is located near Meekatharra, Western Australia and is among the highest grade and most advanced new primary vanadium projects in the world. The Project is split into two parts, with the minesite, crushing, milling and beneficiation at Gabanintha near Meekatharra and the vanadium processing to be undertaken at a location near the port city of Geraldton. The Company has released a Bankable Feasibility Study on the Project and is now progressing through final engineering and financing.
Australian Vanadium Limited was listed on the ASX in 2007 and is backed by a strong executive team and Board. Its subsidiary, VSUN Energy, is growing the market for vanadium redox flow batteries.