Australian Vanadium Limited (AU:AVL) has released an update.
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Australian Vanadium Limited (AVL) has successfully completed the first phase of its Optimised Feasibility Study for the Australian Vanadium Project, pinpointing the best locations for mining and downstream processing. With a 39% increase in the measured and indicated mineral resource estimate, the company is now focusing on finalising the mining plan and plant optimisation. This progress, backed by a Federal Government grant, is expected to strengthen the company’s position in the vanadium electrolyte market for energy storage solutions.
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