Australian Vanadium welcomes Commonwealth support for domestic vanadium battery market
News release
by
Australian Vanadium Ltd
Melbourne, Victoria
|
June 02, 2023 04:00 PM Eastern Daylight Time
Australian Vanadium Ltd (ASX:AVL) CEO Graham Arvidson chats with Proactive’s Elisha Newell after the company signed the dotted line on a A$49 million federal grant to help found an Australian vanadium battery industry. AVL will receive the first payment (clocking in just shy of A$10 million) later this month, with three more payments expected through to August 2025. Arvidson says the Commonwealth project is a turning point in the company’s vision to create an Australian industry with domestic downstream processing using its world-class asset.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
