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The latest update is out from Australian Vanadium ( (AU:AVL) ).
Australian Vanadium and its subsidiary VSUN Energy have lodged an Expression of Interest with the Western Australian Government for the proposed Kalgoorlie Vanadium Battery Energy Storage System, a 50 MW, 10-hour vanadium flow battery project backed by $150 million in state funding. The submission leverages AVL’s vertically integrated capabilities, including its advanced Australian Vanadium Project in the Mid West, operation of WA’s only vanadium electrolyte manufacturing facility, and its modular utility-scale Project Lumina battery architecture, positioning the company as a strong contender to support the state’s goals of enhancing energy security in the Goldfields, building a domestic vanadium supply chain and creating skilled jobs in the region.
The most recent analyst rating on (AU:AVL) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Australian Vanadium stock, see the AU:AVL Stock Forecast page.
More about Australian Vanadium
Australian Vanadium Limited is a Western Australia–based resources and technology company focused on developing an integrated vanadium value chain, spanning vanadium mining and processing, electrolyte manufacturing, and deployment of vanadium flow battery systems. Through its wholly owned subsidiary VSUN Energy, the company targets the long-duration energy storage market with utility-scale vanadium battery solutions tailored to Australian grid and regulatory conditions.
YTD Price Performance: 8.70%
Average Trading Volume: 345,214
Technical Sentiment Signal: Sell
Current Market Cap: A$86.7M
See more insights into AVL stock on TipRanks’ Stock Analysis page.