Australian Vanadium Limited (AU:AVL) has released an update.
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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