Australian Vanadium Ltd
Australian Vanadium Ltd (ASX:AVL), formally known as Yellow Rock Resources, is focussed on vanadium at its flagship Gabanintha project in Western Australia.
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Australian Vanadium Ltd buys Australia-first vanadium electrolyte pilot plant
Australian Vanadium Ltd (ASX:AVL) has purchased a vanadium electrolyte pilot plant from leading UK technology company C-Tech Innovation Ltd (C-Tech).
The pilot plant is the first of its kind in Australia and will test and verify vanadium materials for use in vanadium redox flow batteries.
The purchase comes after AVL recently sold their first CellCube energy storage system, a key step in their vertically integrated strategy.
AVL's strategy is to deliver vanadium products to end users that can be sourced and processed through the company's mine and plant.
This pilot plant will enable AVL to develop unique vanadium electrolyte production expertise and capability in Australia, through both stand-alone and planned mine-attached facilities.
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2017-05-05
