Sign up Australia
Proactive Investors - Run By Investors For Investors

Australian vanadium Ltd eyeing up 'huge potential' in Redox Flow Battery market

Australian Vanadium Ltd is a vanadium focused company looking to take advantage of growth in the emerging battery storage market, specifically as it applies to grid-scale technology.
Managing Director Vincent Algar tells Proactive: ''Our strategy hinges around the battery market and the battery metals in that market. We have developed quite a unique vertical integration strategy within AVL and that involves working from the ground up with the resource, through the intermediate products  in the battery market known as vanadium electrolytes ... all the way through to encouraging and developing sales marketing in the Australian market for vanadium flow batteries.''
''We're progressing our Vanadium project in Western Australia towards a commercial outcome, we're currently working on vanadium electrolyte production and building that capacity here in Australia'', Algar added.
He said the company's also taken an option in an interesting Lithium project in South Africa, ''We had been on the lookout for other opportunities in the energy storage space given our experience and understanding we've developed over the past six months and this project came up. I've obviously got a South African background with experience and relationships there so was not afraid to enter into the area''.

Meet Altech Chemicals Ltd, White Rock Minerals Ltd, Po Valley Energy Ltd, Ventnor Resources Ltd, Cellmid Ltd and Cellmid Ltd at our event, Sydney , 20 August 2018. Register here »
View full AVL profile View Profile

Australian Vanadium Ltd Timeline

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use