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.


KEY POINTS

  • Experienced finance professional Tom Plant appointed as Chief Financial Officer.
  • Mr Plant has almost 30 years of experience as a Chartered Accountant and finance professional within mining and financial sectors.
  • Key strategic appointment as AVL progresses the Australian Vanadium Project.
CEO, Graham Arvidson comments, “We are delighted that Tom has chosen to join AVL. His experience in project finance and investment evaluation will be of great assistance as we progress the Project. His stewardship of the financial discipline of the Company will ensure that a robust team of people, processes and systems are in place for delivery of successful operations, spanning our mining operations, vanadium electrolyte facility and downstream battery opportunities. We are looking forward to having Tom on the AVL team and the substantial contribution that a CFO of his calibre will bring to the Company.”

Incoming CFO, Tom Plant comments, “I am excited to be joining AVL at a pivotal time for both the Company and the vanadium industry more broadly. The energy transition is accelerating and sufficient large-scale battery storage is a critical supporting element in this process. The Company’s world-class Australian Vanadium Project is uniquely positioned to capitalise on the expected significant role vanadium redox flow batteries will play in delivering the required battery storage capacity.”

Mr Plant is a seasoned finance executive, with almost 30 years of experience in various corporate and commercial roles. He has a strong background in debt and equity funding solutions, investment evaluation and corporate transactions. Mr Plant’s experience in these areas will complement the existing capabilities in the AVL team as it progresses the Australian Vanadium Project.

Mr Plant most recently served as interim CFO at Leo Lithium Limited (ASX: LLL), the developer of the Goulamina Lithium Project in Mali and prior to that, CFO of Firefinch Limited (ASX: FFX). Previous roles have included ten years at global mineral sands and rare earths producer Iluka Resources (ASX: ILU) and various positions in investment banking and professional services with Macquarie Group, Dresdner Kleinwort Wasserstein and Arthur Andersen.

Mr Plant is a Chartered Accountant (CAANZ) and holds an MBA from INSEAD, an MSc (Mineral Economics) from Curtin University, a Bachelor of Commerce from The University of Western Australia and a Graduate Diploma of Applied Corporate Governance and Risk Management from the Governance Institute of Australia.

Interim CFO, Ms Liesl Strachan, will continue to work within the Company on the development of the finance function. We thank her for her leadership in this role.


Click here for the full ASX Release

The Conversation (0)
Vanadium (V) element on a glowing periodic table.

Top 4 Vanadium-producing Countries

In 2025, the vanadium market is navigating a complex landscape shaped by its traditional role in steelmaking and its emerging importance in energy storage technologies.

Approximately 90 percent of vanadium consumption continues to be driven by the steel industry, where it is used to strengthen alloys. However, the growing adoption of vanadium redox flow batteries (VRFBs) for grid-scale energy storage is creating new avenues for demand, particularly as countries pursue decarbonization goals and renewable energy integration.

On the supply side, vanadium sees relatively limited primary production from ore and instead relies on co-production from steel slag and uranium mining, with a portion also coming from recycling. Global production has remained relatively consistent in the 2020s at around 100,000 metric tons per year.

Four countries contribute to the vast majority of that output. Below is a brief overview of these top vanadium-producing countries based on data from the US Geological Survey's 2025 Mineral Commodity Summary.

Keep reading...Show less
QEM Limited

QEM Appoints New CEO as It Secures $2.05M in Strongly Supported Placement

Critical minerals and energy company QEM Limited (ASX: QEM) is pleased to announce that it has received firm commitments to raise A$2.05 million (before costs) via a Placement to institutional and sophisticated investors.

Keep reading...Show less

Largo Reports Q1 2025 Financial Results with Continued Focus on Production Stability and Cost Reduction Efforts

All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated.

Q1 2025 and Other Highlights

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Largo Announces Results of its Annual General Meeting of Shareholders

Largo Inc. (" Largo " or the " Company ") ( TSX: LGO ) ( NASDAQ: LGO ) announces voting results from its Annual General Meeting of Shareholders (the " Meeting ") held on Monday, May 12, 2025.

A total of 45,626,173 common shares of the Company were voted at the Meeting, representing 71.17% of the Company's issued and outstanding common shares. Shareholders voted to approve all matters brought before the Meeting, including the election of all director nominees and the appointment of KPMG LLP as the Company's auditors for the ensuing year.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Largo Reports Q1 2025 Production and Sales Results; Provides Update on Operational Turnaround Plans

All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated.

Q1 2025 Highlights

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Largo Reports Q4 and Full Year 2024 Financial Results; Announces Operational Turnaround Plan and Additional Cost Optimization Initiatives

All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated.

Q4, Full Year 2024 and Other Highlights

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×