The Australian Vanadium Project High Purity Vanadium Pentoxide Produced
Pre-pilot test work produced high purity (99.4%) vanadium pentoxide which is comparable to standard products from existing global producers. The results also identified improvements to the PFS design and indicated that a higher level of vanadium recovery and lower reagent use can be anticipated in the pilot scale testing.
“With the first production of a producer-peer comparable high-purity product and the significant process improvements identified, our confidence increases further as we continue to improve and de-risk the project with each step forward” - Vincent Algar, Managing Director
Nursery owner Lucy Stuart celebrated two and a half years of paying nothing for electricity use after installing a vanadium redox flow battery (VRFB) and solar array on her property. Australian Vanadium and VSUN Energy helped install the VRFB on the property in 2016, and it has since provided effective and reliable storage.
This story received extensive media coverage, including an article in The Sydney Morning Herald.
Managing Director Vincent Algar attended the 2019 Mines and Money conference in Hong Kong. In an interview he discussed the current state of the vanadium market, the impact US President Donald Trump is having on vanadium prices, and the game changers that are putting vanadium in the battery metals space.
Stephen Michael Foundation Junior Miners Back Foundation Helping Kids Through Jobs and Sport
AVL staff members spent some time with the Stephen Michael Foundation in Meekatharra. The company is helping the Foundation achieve its aim of bringing an AusKick program, Little Athletics and a structured basketball league to the community. It was great to see the benefits of their work firsthand.
Click here to read the Australian Explorers article.
Todd Richardson Appointed COO Management Restructure
Vanadium industry expert Todd Richardson was appointed to the newly created position of Chief Operating Officer in May. This appointment is consistent with AVL's objective of building our corporate capability and management team to rapidly deliver The Australian Vanadium Project.
Click here to read the Proactive Investors article.
Media Spotlight:
The Australian Financial Review
Finkel Backs Unheralded Aussie Battery Tech Companies to Go Global
Dr Alan Finkel discussed the amazing potential of VRFBs for grid-level stationary energy storage with The Australian Financial Review. He mentioned AVL as being on of the junior miners responding to this opportunity.
While The Australian Vanadium Project continues to be our primary focus, we have the following updates for the Coates and Nowthanna Hill Projects.
Coates Project Joint Venture Signed with UPS to Evaluate Coates Vanadium Project
AVL signed a Joint Venture agreement with Ultra Power Systems to develop the Coates Vanadium Project near Perth. The vanadium deposit is to be explored primarily for application in vanadium redox flow batteries.
In June Vincent Algar will be representing AVL in France where he is scheduled to attend the Vanitec meeting and the International Flow Battery Forum.
In September AVL will be presenting at the Benchmark Minerals World Tour in Perth, Sydney Melbourne and Hong Kong.
