Australian Vanadium makes strides in renewable energy with Electrolyte Facility

Australian Vanadium (ASX:AVL) has commissioned its vanadium electrolyte manufacturing facility, producing its first batch of high-purity vanadium electrolyte, since the facilities completion in December 2023.

“The completion of the facility, coupled with the confirmation of the production of on-specification vanadium electrolyte from Western Australia’s first manufacturing facility, achieves another major milestone for AVL and is a positive reflection of the technical and operational expertise within our organisation,” AVL’s CEO Graham Arvidson said.

“We are ready to accept orders for electrolyte and are actively pursuing sales.”

Independent analysis confirmed that vanadium flow batteries, with their scalability, long lifespan, and capacity maintenance, help to address the challenges of energy storage and distribution in a world increasingly reliant on intermittent renewable energy sources.

Supported by a $3.69 million Australian Government Modern Manufacturing Translation grant awarded under the National Manufacturing Priority Roadmap in 2021. The Facility in Wangara, Perth, WA, is designed to produce high-purity electrolyte of up to 33 MWh (megawatt-hour) per year of VFB (Vanadium Flow Battery) energy storage.

The company uses a proven electrolyte manufacturing technology from the US Vanadium LLC (USV) for its use in Australia and New Zealand. USV staff traveled to assist with the commissioning and currently supply the required vanadium oxides.

Once operational, the Australian Vanadium Project will enable full ‘pit to battery’ by producing vanadium concentrate at the mine site for the Facility’s feedstock.

This milestone positions AVL to emerge as a major player in renewable energy, paving the way for global expansion in the vanadium-based energy sector.

AVL last traded 1.5c, at 10am AEDT.