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ASX:AVL

Australian Vanadium Ltd

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Market:
ASX
Market Cap:
$82.02 m
Price
0.03 AUD
Change
13.64%
52 weeks high
0.04
52 weeks low
0.01

In brief

Australian Vanadium Ltd (ASX:AVL) is an emerging vanadium producer developing its high-grade Australian Vanadium Project for the steel and battery markets.

AVL's namesake project, situated in Western Australia's Murchison District, is currently one of the highest-grade vanadium projects being advanced globally.

It hosts a JORC-compliant 208.2 million tonne resource at 0.74% vanadium pentoxide, within which lies a high-grade 87.9-million-tonne zone grading at 1.06% vanadium pentoxide. 

Snapshot

  • Australian Vanadium reports higher vanadium and iron grades in test-work
  • Australian Vanadium maintains focus on technical excellence ahead of bankable due diligence outcomes in 2021
  • Australian Vanadium talks growth opportunities as it appoints global financial advisers

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Australian Vanadium maintains focus on technical excellence ahead of bankable due diligence outcomes in 2021

“AVL is developing one of the highest-grade vanadium projects underway in the world and our aim is to become a low-cost producer able to withstand long-term commodity price cycles,” said managing...

on 7/7/21