More than mining
Proudly developing the Australian Vanadium Project in Western Australia for steel and battery markets
The Australian Vanadium Project
A globally significant vanadium resource with strong business fundamentals, a long mine life and downstream manufacturing opportunities in the battery sector.
AVL respects and acknowledges the past, present and future Traditional Custodians and Elders of the lands on which we operate. We recognise the continuation of cultural, spiritual and educational practices of First Nations people and commit to working together to build a brighter future for all.
In recognition of its strategic importance as a critical mineral and battery mineral project, the Australian Vanadium Project has been awarded:
- Lead Agency Status (Western Australian Government)
- $49M Australian Government grant under the Modern Manufacturing Initiative Collaboration Stream
Australian Vanadium Ltd's mission is to increase shareholder wealth through the development of the Australian Vanadium Project, supply of vanadium electrolyte and building the vanadium flow battery market through subsidiary VSUN Energy.
“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.”- Graham Arvidson, CEO
ASX Featured Releases
Vanadium Resource Development Drill Program CompletedSouthern block drilling completed to support updated Mineral Resource and classification upgrades for first five years of planned mining at the Australian Vanadium Project. 7,283 metres of Reverse Circulation drilling...
Experienced Project Development and Operations Executive Appointed as CEOAustralian Vanadium team expanded on pathway to production Experienced business leader, vanadium and lithium project development and operations executive Graham Arvidson appointed as Chief Executive Officer. Mr Arvidson has 18...
First Term Sheet for Iron Titanium Coproduct signed with Tianzhu SteelConversion of Letter of Intent to Term Sheet for sale of AVL’s FeTi coproduct AVL completes first Term Sheet with end user steel mill for sale of iron titanium (FeTi)...
Why invest in Vanadium?
With a role as both a critical metal and a battery metal, vanadium demand continues to grow and has a positive future
Vanadium demand is strong and is trending upwards.
The need for vanadium in the steel industry continues to grow and demand from the battery sector is accelerating.
AVL’s high-grade Australian Vanadium Project can meet the needs of an eager market.
- 90% of global vanadium consumption is for steel.
- The addition of as little as 0.1% vanadium increases steel strength by up to 100%, whilst reducing the weight of the required steel by up to 30%.
- Vanadium demand for use in rebar (reinforcing steel used as rods in concrete) continues to increase at 6% annually.
- New markets are emerging and scaling up. These markets will increase vanadium demand further as it becomes more widely used in automotive, aviation, aerospace, renewable energy, power lines and pylons.
The AVL team brings together experts in geoscience, mining, chemical engineering, marketing and corporate governance, with extensive vanadium experience. Our team is committed to seeing the Australian Vanadium Project through to production.Meet our team >