V2O5 powder and vanadium electrolyte

AVL Secures Vanadium Electrolyte Manufacturing Technology

AVL signs agreement with U.S. Vanadium LLC for high purity vanadium oxide supply and technology licence.

  • AVL has signed an MOU with U.S. Vanadium LLC (USV) for the supply of vanadium oxides for vanadium electrolyte production in Australia.
  • MOU includes licence for low cost USV technology to convert vanadium oxides to vanadium electrolyte for use in vanadium redox flow batteries (VRFBs).
  • MOU covers exclusivity over technology licence for Australia and New Zealand.
  • USV is a global leader in the production of high purity vanadium oxide products and a key vanadium battery electrolyte supplier based in the USA.
  • An initial order for USV vanadium oxides has arrived in Perth for conversion and will be used in a commercial flow battery deployment.
  • Under the agreement, high purity vanadium oxides can be sourced from either USV or AVL and be used to produce vanadium electrolyte for Australian battery installations.
  • Agreement enables AVL to commence commercial vanadium electrolyte production ahead of planned production of its own vanadium products, leading Australian VRFB market development.
  • Technology and Supply agreement complements recently awarded Australian Government grant of $3.69M to co-fund commercial vanadium electrolyte manufacturing plant development in WA.
AVL Secures Vanadium Electrolyte Manufacturing Technology View PDF (297KB)
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