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Australian Vanadium further reduces capex, production expected in 2021

Australian Vanadium Ltd (ASX:AVL) managing director Vincent Algar updates Proactive Investors on ongoing developments at its Australian Vanadium Project in Western Australia. 
 
The company aims to be in production in 2021 and says its capital expenditure for its Australian Vanadium Project continues to decrease.
 
Algar says despite recent corrections due to a change in Chinese rebar (the reinforcing bar used in construction) standards, vanadium prices will be strong for many years to come.

Quick facts: Australian Vanadium Ltd

Price: 0.008 AUD

ASX:AVL
Market: ASX
Market Cap: $20.42 m
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Full interview: Australian Vanadium focuses on test work and innovative...

Australian Vanadium Ltd (ASX:AVL) chief operating officer Todd Richardson updates Proactive on the importance of test work and innovative processes for the company in 2020, to further progress the economics of its namesake project in WA. The company will look to the steel market as a target...

on 7/2/20

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