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Australian Vanadium Seeks $500M to Build Mine, Processing Plant

Australian Vanadium (ASX:AVL, FRA:JT71, OTC:ATVVF) will commence construction of its Australian Vanadium Project (AVP) in 2024 targeting production by late 2025 or early 2026, according to an article published by the Chamber of Commerce and Industry, WA.


Profiled on WA Investments, the project is seeking an investment value of more than $500 million to start building the project including an open-pit mine near Meekatharra and a processing plant near Geraldton, the article stated.

“The Australian Vanadium Project is located in a tier-one (low-risk) mining jurisdiction and is comprised of a high-grade vanadium resource, amenable to an industry-standard processing route,” said Australian Vanadium CEO Graham Arvidson.

The Australian Vanadium Project is expected to produce 11,200 tonnes of vanadium pentoxide with a 25-year life of mine.



Read the full article here.


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Australian Vanadium

Retirement Of Managing Director

Vincent Algar to retire from the AVL Board of Directors

Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL”) announces that Managing Director, Mr Vincent Algar, will retire from the Board of the Company on 14 July 2023. He will continue in a transition role for the next few months, as the Company continues to develop the Australian Vanadium Project (“the Project”).

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Australian Vanadium

$49 Million Government Grant Agreement Executed

Collaboration grant agreement to support the development of the Australian Vanadium Project.

Further to the Company’s announcement on 16 March 20221, Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL”) is pleased to advise that AVL and the Commonwealth of Australia, represented by the Department of Industry, Science and Resources, have executed a Commonwealth Grant Agreement (“the Agreement”) as part of the Modern Manufacturing Initiative - Manufacturing Collaboration Stream (“the Grant”).

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Australian Vanadium

Appointment Of Chief Financial Officer

Highly experienced financial professional to drive financial outcomes

Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL”) is pleased to announce that it has appointed Mr Tom Plant as Chief Financial Officer (CFO) of the Company with effect from 6th June 2023.

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CleanTech & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

CleanTech & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, announced the presentations from the CleanTech and Precious Metal Virtual Investor Conference held on February 14 th -16 th are now available for online viewing.

REGISTER NOW AT : https://bit.ly/3S1V1yg

News Provided by GlobeNewswire via QuoteMedia

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Australian Vanadium

Transaction Update

Lodgement of Scheme Booklet

As announced to the ASX on 25 September 2023, Technology Metals Australia Limited (TMT) (ASX: TMT) is proposing a scheme of arrangement under which Australian Vanadium Limited (AVL) (ASX: AVL) will acquire all of the ordinary shares issued in the capital of TMT (Scheme).

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Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil and Validation of its 6 MWh Vanadium Redox Flow Battery to Operate on Test Conditions in Spain

All amounts expressed are in U.S. dollars, denominated by "$"

Largo Inc. (" Largo " or the " Company ") ( TSX: LGO ) ( NASDAQ: LGO ) today announces its third quarter 2023 financial results.

News Provided by Business Wire via QuoteMedia

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Largo to Release Third Quarter 2023 Financial Results on November 8, 2023

Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) will release its third quarter 2023 financial results on Wednesday, November 8, 2023 after the close of market trading. Additionally, the Company will host a conference call to discuss its third quarter 2023 results and other updates on Thursday, November 9 at 1:00 p.m. ET.

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3RXJdiN to receive an instant automated call back.

News Provided by Business Wire via QuoteMedia

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Australian Vanadium

Australian Vanadium Quarterly Activities Report

Period ending 30 September 2023

Australian Vanadium Limited (ASX: AVL, the Company or AVL) is pleased to present the company's quarterly activities report for the period ending 30 September 2023.

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Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery; Production and Cost Guidance Remains Unchanged

Q3 2023 and Other Highlights

  • V 2 O 5 production of 2,163 tonnes (4.8 million lbs 1 ) vs. 2,906 tonnes produced in Q3 2022, including 644 tonnes in July, 775 tonnes in August and 744 tonnes in September
  • Global V 2 O 5 recovery rate 3 of 76.9% in Q3 2023 vs. 80.7% in Q3 2022
  • V 2 O 5 equivalent sales of 2,385 tonnes vs. 2,796 tonnes sold in Q3 2022
  • The average benchmark price per lb of V 2 O 5 in Europe was $8.03, a 2.5% decrease from the average of $8.23 seen in Q3 2022
  • Ramp up of its new ilmenite concentration plant continues with ilmenite concentrate production of 350 tonnes in August and 700 tonnes in September
  • Largo Clean Energy ("LCE") completed site acceptance testing of its Enel Green Power España ("EGPE") 6.1 MWh vanadium redox flow battery ("VRFB") deployment and submitted results to EGPE, with the expectation of completing the hot commissioning phase of the battery; Provisional acceptance is expected in Q4 2023
  • 2023 production, sales, cost and capital expenditures guidance remain unchanged

Largo Inc. (" Largo " or the " Company ") ( TSX: LGO ) ( NASDAQ: LGO ) today announces quarterly production of 2,163 tonnes (4.8 million lbs 1 ) and sales of 2,385 tonnes of vanadium pentoxide ("V 2 O 5 ") equivalent, respectively, in Q3 2023.

News Provided by Business Wire via QuoteMedia

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