Australian Vanadium Limited (ASX: AVL) is one step closer to becoming a near term producer of vanadium with the company securing a location for its high purity vanadium electrolyte manufacturing facility in WA.
U.S. Vanadium LLC (USV) electrolyte manufacturing technology will be used, with the new WA facility based in the Perth suburb of Wangara capable of producing up to 33MWh per year of vanadium redox flow battery (VFRB) high-purity electrolyte.
AVL chief executive Graham Arvidson says detailed design of the facility is now complete and long lead equipment have been ordered.
“This is an important step in our journey to become a world class, vertically integrated ‘pit to battery’ vanadium producer,” he said.
“By leveraging USV’s proven technology, we have the confidence in successfully realising our goal of producing the highest quality electrolyte available to the Australian and New Zealand VRFB markets.
“Through our wholly owned VSUN Energy, we are positioned to play an integral role in an exciting pipeline of Australian decarbonisation focused projects.
“Achieving near term production of high-quality electrolyte positions AVL to be a supplier of choice for these projects.
“The Company plans to explore opportunities to replicate this electrolyte facility on the east coast of Australia, to supply additional electrolyte for VRFB projects slates to be deployed in a variety of States and Territories.”
AVL was awarded a $3.69m Federal grant in 2021 to co-fund the build and operation of a vanadium electrolyte manufacturing facility in WA as part of the Australian Government’s broader moves to support the commercialisation of VRFBs.
