AVL Advances Vanadium Project Post-Merger

Australian Vanadium Limited (AU:AVL) has released an update.

Australian Vanadium Limited (AVL) has announced a successful merger with Technology Metals Australia Limited, which has led to accelerated work on an integrated vanadium project, including feasibility studies and high-grade metallurgical testwork. AVL’s Perth-based electrolyte manufacturing facility has hit operational milestones, producing vanadium electrolyte that meets industry standards for vanadium flow batteries. With a robust cash position and inclusion in the S&P/ASX All Ordinaries Index, AVL is poised to strengthen its role in the burgeoning energy storage market.

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