Australian Vanadium Limited (AU:AVL) has released an update.
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Australian Vanadium Limited has received a $2.63 million tax refund under the Australian Federal Government’s R&D Tax Incentive Scheme for the 2022/23 tax year. This financial boost acknowledges the company’s research and development efforts, alongside Technology Metals Australia. The incentive is intended to foster innovation that benefits the Australian economy.
For further insights into AU:AVL stock, check out TipRanks’ Stock Analysis page.