Date: Apr 20, 2018
The Victorian company intends to maintain a 78-80% stake in the battery metals spin-out once it is floated on the ASX.
As featured in Small Caps’ guide to vanadium stocks on the ASX, Aura’s polymetallic Häggån deposit in central Sweden is one of the largest undeveloped vanadium polymetallic projects in the world.
Today, the company said the project’s 13.1 billion pound inferred vanadium resource meant it was clear Häggån had the potential to be one of the world’s largest suppliers of vanadium.