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 to install first battery as more sales loom
Australian Vanadium Ltd (ASX:AVL) is expecting the arrival of its first sold vanadium redox flow battery (VRFB) in Western Australia in late August.
The battery is expected to arrive at Fremantle Port from where it will be transported to its installation site at Busselton.
Installation and testing is expected to complete during the week ending 12 September, 2016.
AVL made this first battery sale through its distribution agreement with GILDEMEISTER Energy Storage GmbH.
AVL is currently working on over 40 active leads to generate further VRFB sales.
The company's strategy is to deliver vanadium products to end users that can be sourced and processed through the company's mine and plant.
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