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Full interview: Australian Vanadium signs option agreement for vanadium processing plant location

Australian Vanadium Ltd (ASX:AVL) managing director Vincent Algar updates Proactive on the signing of an option agreement over a potential site near Geraldton, WA, as a possible location for the company’s vanadium processing plant.

Algar said there were a number of clear benefits of the location, including positive impacts on operating costs from using a site close to the Dampier-Bunbury gas pipeline infrastructure and lower domestic WA gas prices.

The MD believes the opportunity could help boost the potential for AVL to be among the world’s lowest cost-quartile vanadium producers.

Quick facts: Australian Vanadium Ltd

Price: 0.017 AUD

Market: ASX
Market Cap: $43.63 m

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