Australian Vanadium Limited (ASX: AVL) is an emerging vanadium producer focused on the Australian Vanadium Project deposit south of Meekatharra in Western Australia. Vanadium is traditionally used to strengthen steel, but there is increased use in the energy storage market. Growth is twofold in this area, with energy storage based on an electrolyte solution and use of vanadium in lithium battery cathodes. Current global demand for vanadium is outstripping supply with China driving both reduction of supply and increase in demand. AVL is currently working on a detailed DFS which builds on the PFS which was released in 2018 and showed a post-tax Net Present Value (NPV8%) of US$616M using US$13/lb Life of Mine V2O5 commodity price forecast. The commodity price reached >US$33/lb during 2018, with a long term average of US$8.67/lb.

Plans and Latest Developments:

AVL is currently undertaking a Definitive Feasibility Study with a select group of highly skilled consultants and a vast amount of in-house vanadium knowledge. The Company is working through a pilot scale processing project during the first half of 2019, proving the processing flowsheet using bulk sample.
AVL is seeking project partners and funding opportunities to bring this world-class vanadium deposit into production.

Why should investors invest in you?

Australian Vanadium Limited intends to create value for shareholders by supplying its high-grade vanadium to the steel market and battery makers worldwide. The company is developing the Australian Vanadium Project near Meekatharra, Western Australia, which is among the highest grade vanadium projects in the world. Australian Vanadium Limited was listed on the ASX in 2007 and is backed by a strong executive team and Board. The combined expertise of its staff and consultants is unparalleled in the vanadium industry.

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Market Cap:

$30M AUD

Project Status:


Board of Directors:

  • Brenton Lewis – Chair
  • Vincent Algar – Managing Director
  • Leslie Ingraham – Executive Director
  • Daniel Harris – Technical Director

Australian Vanadium Limited (ASX: AVLwill present their mining projects to prospective investors at Mines and Money Asia. Claim your complimentary investor pass now.