More than mining

“There are currently three primary vanadium producers in the world. AVL intends to be the fourth, just as vanadium use in batteries has moved from 1% of the market two years ago, to over 10% of the market today.

We are already seeing signs of the vanadium market disconnecting from the traditional steel-dominated supply-demand dynamic and evolving to a ‘new normal’ structural change driven by rapidly growing battery and critical metals demand.

With over 80% of the global vanadium supply coming from Russia, China, and South Africa, we also see a strong desire from our future customers for jurisdictional supply chain diversification. Positioned in the heart of battery metals country in Western Australia, the Australian Vanadium Project is strategically positioned to provide an ethically sourced and scalable supply of vanadium to global steel, battery, and critical metals markets.

AVL’s Project is the most advanced primary vanadium development project globally, with a world-class feasibility study and extensive pilot plant testwork which ratifies our position to produce some of the world’s highest purity vanadium at a first quartile operating cost. With a project that is economic even in a traditional steel dominated market, a 25-year mine life, robust economics, scalable production optionality, and the best vanadium minds in the world on our team, we are truly excited about what the future holds for AVL, our shareholders, and our stakeholders.”