AVL Lodges Patent Application for Vanadium Processing Circuit

Unique processing route to be protected by patent application

• AVL submits unique vanadium processing flowsheet provisional patent application.
• The processing circuit is at the core of AVL’s ongoing BFS engineering study as part of the Company’s plans to develop the Australian Vanadium Project at Gabanintha, in Western Australia.
• Recognition sought to protect process innovations developed by AVL in the development of its vanadium project.
• The patent will be recognised across 177 countries through the Patent Convention.
• Application relates to a specific method of preparing high purity vanadium pentoxide and preparing a marketable titanium and iron coproduct from vanadium bearing titanomagnetite (VTM), in a cost effective and environmentally sustainable manner.
• AVL’s unique combination of physical beneficiation, pyrometallurgical and hydrometallurgical steps combine to underline the patent application.
• The patent application process has no effect on the BFS timeline.