Australian Vanadium welcomes Commonwealth support for domestic vanadium battery market

Australian Vanadium Limited is engaged in the advancement of the Australian Vanadium Project, exploration for vanadium/titanium and other economic resources, development of vanadium electrolyte production and the sale of vanadium flow batteries (VFB) systems. The Exploration segment includes Australian Vanadium Project and other exploration projects. The Energy storage segment include VSUN Energy Pty Limited's vanadium redox flow battery marketing and sales activities. The Electrolyte Plant segment is its vanadium electrolyte manufacturing facility in Western Australia. The Australian Vanadium Project consists of V-Ti-Fe deposit located in the Murchison Province 43 kilometers (kms) south of the mining town of Meekatharra in Western Australia and 740 km north-east of Perth. The Project consists of 15 tenements covering 200 square km. The Coates Project is located in the Shire of Northam, approximately 60 km east of Perth. The Nowthanna Hill deposit is located 50 km south of Meekatharra.