Australian Vanadium Limited (AU:AVL) has released an update.
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Australian Vanadium Limited has received the final payment of a $3.69 million Australian Government grant, funding the successful completion of their vanadium electrolyte manufacturing facility and development of a residential vanadium flow battery prototype. The grant supported the advancement of the company’s ‘pit to battery’ strategy, including the production of ultra-high purity vanadium products essential for large-scale energy storage solutions. The initiatives aim to bolster Australia’s position as a renewable energy leader with the construction of this facility and the development of cutting-edge vanadium flow batteries.
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