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.
See more information about Australian Vanadium Ltd
Yellow Rock Resources’ Gabanintha has vanadium production potential
Yellow Rock Resources (ASX:YRR) has completed a concept engineering study demonstrating its Gabanintha high grade vanadium project in Western Australia has potential for significant production and competitive costs.
It also indicates the project is technically low risk with a long life of more than 20 years.
Key takeaways include:
- Estimated C1 cash operating cost of A$7.26/kg vanadium pentoxide;
- Estimated capital cost to first production of A$230 million including A$18.5 million of contingency to direct costs;
- Average vanadium production of 10,000 tonnes per annum from a 2.1 million tonne per annum throughput plant;
- Production of high-purity (+98.5% V2O5 Flake) via open pit mining, feed preparation/beneficiation and a salt roast-leach extraction process is well understood and commonly available technology. Higher purity at >99% V2O5 is also expected to be achievable.
Gabanintha has one of the highest grade vanadium deposits in the world with an Indicated and Inferred Resource of 60.4 million tonnes grading 0.98% V2O5, 11.4% TiO2 and 42.15% iron.
Analysis
That the concept engineering study has highlighted the potential for Gabanintha to produce about 10,000 tonnes of high-purity +98.5% vanadium pentoxide flake per annum at a C1 cash operating cost of A$7.26/kg is highly encouraging for Yellow Rock Resources.
Other Australian Vanadium Ltd news
- Australian Vanadium寻求在Coates Nickel-Copper-PGE项目合作中扩大场地占比
2020-09-23 - 与中国住宅用钒氧化还原流电池生产商签署合作协议后，Australian Vanadium股价上涨
2020-09-17 - Australian Vanadium与VRFB储能系统市场领头羊签订钒交易谅解备忘录，股价应声上涨
2020-09-09 - 采矿租约里程碑使旗舰项目离正式开发又进了一步，Australian Vanadium股价应声上涨
2020-08-31 - Australian Vanadium在旗舰项目中确定铁钛副产品的收入潜力
2020-08-21
