logo-loader

Australian Vanadium’s baseline PFS indicates potential to become low-cost vanadium producer

Last updated: 11:38 28 Sep 2018 AEST, First published: 21:38 27 Sep 2018 AEST

Australian Vanadium Ltd (ASX:AVL) managing director Vincent Algar updates Proactive Investors on the battery metals company’s development of its Gabanintha Vanadium Project in Western Australia.
 
A baseline pre-feasibility study has been completed for the project and estimates a net present value (NPV) range for the project that has a top end of US$2.37 billion when assuming a vanadium price of US$20 per pound.
 
This base case demonstrates robust project fundamentals featuring competitive product costs and financials and will allow AVL to move quickly into piloting and definitive feasibility study (DFS) upon completion.
 
“Once you start mining in this area you then have an opportunity to either go deeper or go along strike and one thing AVL has got is a lot of strike length to work with, all of which is currently inferred resources,” Algar says. 

Australian Vanadium completes merger with Technology Metals Australia

Australian Vanadium Ltd (ASX:AVL, OTCQB:ATVVF) CEO Graham Arvidson tells Proactive the company has successfully completed its merger with Technology Metals Australia, having now acquired all shares in TMT. The transaction also merges two adjoining vanadium projects across one orebody, offering...

on 5/2/24