Australian Vanadium Ltd (ASX:AVL)’s managing director Vincent Algar discussed how the company is creating a green-fuelled vanadium industry in Australia during the Proactive Resource Webinar this week.
The strategy is centred on the Australian Vanadium Project in Western Australia’s Mid-West which the company is driving rapidly towards feasibility utilising ESG principles and renewable energy.
AVL’s strategy also incorporates a value-adding manufacturing plant near Geraldton where it aims to turn vanadium pentoxide into vanadium electrolyte for vanadium redox flow battery (VRFB) projects while subsidiary VSUN Energy is developing FRFB energy storage technology.
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