Western Australian company Australian Vanadium Limited (AVL) seems to be fairly delayed in realising its vanadium mine and processing plant vision in Western Australia. Nonetheless, the company has signed a new option agreement to purchase land for its processing plant near Geraldton.
Australian-born vanadium redox flow technology and new homegrown electrolyte sources are set to bulk up renewable energy storage options in the Pacific region and plug the gap left by lithium supply-chain issues. Natalie Filatoff reports from Sydney.
Western Australian vanadium explorer Technology Metals Australia and Japanese vanadium redox flow battery producer LE System have decided to tighten their relationship with an expanded Memorandum of Understanding that could see the construction of Australia’s first fully integrated vanadium electrolyte plant proximate to renewable energy hubs and major Australian population centres.
In a strange synchronicity, two of Australia’s major aspiring vanadium producers have today come out with announcements. TNG Limited has solidified a deal to commercialise vanadium redox flow batteries using output from its Mount Peake project, while competitor Australian Vanadium has filed a patent application for its vanadium processing route.
The Meekatharra Solar Consortium is a spirited community initiative in the West Australian Outback town of Meekathurra. The Consortium has installed solar PV across two turn-of-the-century buildings and intends to share the solar power with the community.
Perth-based Australian Vanadium has received another boost from the Federal Government with the award of a further $1.25 million research and development grant to fund research into improving vanadium processing.
Technology Metals Australia has received a promising grant from the Australian Government for the development of its Gabanintha Vanadium Project. It is a small but sure sign of Vanadium’s strategic importance to the Australian economy when paired with renewable energy sources such as solar and wind.
Australia’s Federal Government has given ‘major project status’ to ASX-listed Australian Vanadium’s namesake project located in the Murchison province in Western Australia.
A vanadium redox flow battery will be installed at a family-owned apple orchard located in Pakenham on the edge of the Gippsland region to complement onsite solar.
Australian Vanadium and Metrowest Power Systems have signed a non-binding memorandum of understanding to facilitate energy storage opportunities using vanadium redox flow battery technology.
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