AVL Signs Water Access Agreement with Westgold

Co-operation agreement sets out mutually beneficial water solution for the Australian Vanadium Project.

KEY POINTS

• Co-operation and Access Agreement signed with Westgold Resources Limited (ASX: WGX) for access to excess water from Westgold Operations to support the Australian Vanadium Project.
• Letter of Agreement to progress to a formal agreement within 3 years.
• Potential benefits to arise from the agreement include:
  • Reduced groundwater and environmental impacts.
  • Substantial de-risking of the water volume and quality requirements.
  • The opportunity to provide community benefits with new pipeline and road.

Agreement indicates responsible and innovative management of water resources.