Australian Vanadium Limited engages in the mineral exploration activities in Australia. The company operates in two segments, Exploration and Energy Storage. It explores for vanadium/titanium, uranium, and other economic resources. The company holds 100% interest in the Australian Vanadium project comprising 15 tenements covering an area of approximately 200 square kilometers located in the Murchison region to the south of Meekatharra of Western Australia. It also develops and sells vanadium redox flow battery systems. The company was formerly known as Yellow Rock Resources Limited and changed its name to Australian Vanadium Limited in December 2015. Australian Vanadium Limited was incorporated in 2005 and is based in West Perth, Australia.

Australian Vanadium Limited

Australian Vanadium Limited is developing the Australian Vanadium Project for the steel and battery markets, focusing on the production of vanadium.

Australian Vanadium Limited | 8,694 followers on LinkedIn. Developing The Australian Vanadium Project in Western Australia | ASX: AVL | Australian Vanadium Limited is bringing its high grade vanadium project in Western Australia into production and also taking advantage of growth in the energy storage market through its subsidiary VSUN Energy. 

The Company is developing the Australian Vanadium Project near Meekatharra, which is among the highest-grade vanadium projects in the world. 

Australian Vanadium’s vision is to create value for shareholders by supplying its high-grade product to battery projects worldwide, as either vanadium pentoxide or vanadium electrolyte.

Executive HR Leader

Bisica Gavranich

Regional Engagement Manager at Australian Vanadium Limited

Amy Chadbourne

Chief Financial Officer | Non Executive Director

Anna Sudlow

Principal Geologist at Australian Vanadium Limited and Non-Executive Director for Star Minerals Limited.

Gemma Lee

Members of the AVL Project team attended the play 'The Slip' on 7 November, with the story of the Bingham Canyon Mine pit slip brought to life on stage to explore work health and safety fundamentals including safety culture, psychosocial and physical hazards. Safety is a core value at AVL and this innovative way of delivering key safety messages brought the reality of safety to life for the team. Pictured with AVL's Chief Safety and People Officer Ross Jennings is Elaina Ware , who was the Mines Operation Manager at the time of the incident at the Bingham Canyon Mine, as well as a photo of the pit slip. #vanadium #VFB $AVL

AVL's Chief Safety and People Officer, Ross Jennings will be speaking at the Australian Institute of Health & Safety (AIHS) 2024 WA Symposium on Friday 15 November. Ross will be part of a panel discussion and Q&A about critical control risk management, focusing on fatality prevention in workplaces. The panel will be chaired by Dr Roberta Selleck , Lecturer at Edith Cowan University and Principal Consultant at RJS HSE Consulting. https://lnkd.in/gDc7EfjT #vanadium #VFB $AVL

'Australian Vanadium Limited Moves Forward with Project Lumina to Pioneer Long-Duration Vanadium Flow Battery Technology' - Vanitec - Vanadium reports on Project Lumina. 'Project Lumina will produce a 100 MW VFB BESS with four-hour and eight-hour configurations, targeting a competitive levelized cost of storage (LCOS) of AUD 274 (USD 180.5)/MWh for the four-hour model and AUD 251/MWh for the eight-hour model. This design will leverage AVL’s vanadium oxide resources, enabling them to be converted into vanadium electrolyte for use in these BESS systems. Unlike lithium-ion batteries, VFB systems can handle daily charge and discharge cycles without significant degradation, offering increased flexibility for daily energy discharge and market-driven pricing optimization.' https://lnkd.in/gYqsPxSp #vanadium #VFB $AVL

This video from Sumitomo Electric explains how the vanadium flow battery works, with the electrolyte changing colour as it charges and discharges. https://lnkd.in/gv9tqfjm #vanadium #VFB $AVL

Australian Vanadium Limited and VSUN Energy would like to jointly recognise the importance of Remembrance Day. We acknowledge, honour and remember those who have served our country in all wars, conflicts and peacekeeping operations. Lest we forget

The 6th post in our VFB benefit series - vanadium flow batteries are built for long duration energy storage. VFBs are able to deliver energy for durations up to and over 10 hours. This makes them a great solution for storing excess renewable energy during the day and using it as the primary energy source in the evening and overnight. Were you aware of this benefit? #vanadium #VFB $AVL

AVL's CEO Graham Arvidson presented at the WA Macquarie Group Forum yesterday. His presentation 'Unlocking competitive advantage: AVL’s energy storage investment platform' provided the opportunity to share the company's full vanadium supply chain value proposition and educate attendees about the role Project Lumina's 100MW 4 and 8 hour vanadium flow batteries can perform in the grid, with associated costs outlined for these non-flammable and robust long duration energy storage devices. https://lnkd.in/gWCcwAfQ #vanadium #VFB $AVL

AVL’s Executive General Manager - Strategy and Business Development Craig Sainsbury will be participating in a panel on manufacturing energy storage for renewable grids at the Advanced Materials and Battery Council (AMBC) Australia Battery Day. A timely event with the announcement of our 100MW 4 and 8 hour vanadium flow battery development work today: https://lnkd.in/gDy8BTrY #vanadium #VFB $AVL

Perth-headquartered Australian Vanadium LImited's subsidiary VSUN Energy has moved a vanadium flow battery project to a design phase with the aim to develop a home-grown modular, scalable, turnkey, utility-scale battery energy storage system. #Renewables #Australia #Solarenergy

pv magazine Australia

Realising AVL’s Utility-Scale Vanadium Flow Battery Strategy Analysis completed by VSUN Energy indicates the merits of a 4-hour 100MW VFB battery energy storage system (BESS) with a levelised cost of storage (LCOS) of A$274/MWh (± 30%). Such an LCOS for a VFB BESS would be competitive with the LCOS of similar lithium-ion BESS products currently in the market. Project Lumina is the development of a modular, scalable, turnkey, utility-scale BESS using VFB technology, for use in Australian energy markets. https://lnkd.in/gDy8BTrY #vanadium #VFB $AVL

	Jun '14	Jun '15	Jun '16	Jun '17	Jun '18	Jun '19	Jun '20	Jun '22	Jun '23	Jun '23	Jun '24
revenue	380.19K -	200.25K 47.33%	290.00K 44.82%	183.02K 36.89%				-34.33K -	30.50K 188.85%	30.50K 0%
cost of revenue			3.37K -	40.34K 1,096.59%	44.43K 10.14%	62.66K 41.04%	120.43K 92.20%	-26.43K 121.95%	24.55K 192.89%	3.05M 12,336.30%	630K 79.37%
gross profit	380.19K -	200.25K 47.33%	286.63K 43.14%	142.68K 50.22%	-44.43K 131.14%	-62.66K 41.04%	-120.43K 92.20%	-7.90K 93.44%	5.95K 175.32%	-3.02M 50,932.10%	-630K 79.16%
selling and marketing expenses	94.77K -	328.48K 246.60%	125.65K 61.75%	202.33K 61.03%	714.27K 253.02%	291.87K 59.14%	2.55M 773.44%			339.75K -	6.78M 1,895.27%
general and administrative expenses	517.17K -	327.49K 36.68%	309.85K 5.39%	727.70K 134.86%	1.07M 47.59%	1.75M 62.70%	2.20M 25.91%	3.91M 77.64%	4.34M 10.92%	4.16M 4.07%	4.00M 3.74%
selling general and administrative expenses	611.94K -	655.97K 7.20%	435.49K 33.61%	930.03K 113.56%	1.79M 92.28%	5.39M 201.24%	2.72M 49.58%	3.91M 43.90%	4.34M 10.92%	4.50M 3.77%	10.78M 139.68%
research and development expenses
other expenses						124.55K -	104.63K 15.99%	88.42K 15.49%	377.38K 326.79%	-25.45K 106.74%	-632K 2,383.30%
cost and expenses	12.45M -	1.63M 86.88%	1.58M 3.62%	2.26M 43.52%	2.55M 12.58%	5.45M 114.12%	2.84M 47.95%	-5.00M 276.12%	-7.35M 47.16%	7.58M 203.08%	11.41M 50.61%
operating expenses	12.45M -	1.63M 86.88%	1.58M 3.62%	2.26M 43.52%	2.55M 12.58%	5.39M 111.66%	2.72M 49.58%	5.11M 88.16%	7.78M 52.22%	4.52M 41.84%	10.78M 138.34%
interest expense							36.14K -	6.83K 81.11%	2.99K 56.15%	85.56K 2,758.84%
ebitda	-582.61K -	-1.43M 145.39%	-1.27M 11.08%	-2.04M 60.26%	-2.50M 22.75%	-5.39M 115.42%	-2.72M 49.58%	-5.01M 84.33%	-6.89M 37.59%	-7.22M 4.87%	-12.23M 69.27%
operating income	-12.07M -	-1.43M 88.12%	-1.29M 10.38%	-2.08M 61.67%	-2.55M 22.50%	-5.45M 114.12%	-2.84M 47.95%	-5.07M 78.81%	-7.56M 49.14%	-7.55M 0.22%	-11.41M 51.22%
depreciation and amortization	11.49M -	4.34K 99.96%	13.88K 219.64%	40.34K 190.51%	44.43K 10.14%	62.66K 41.04%	120.43K 92.20%	111.92K 7.07%	323.69K 189.23%	323.69K 0%	3.23M 898.78%
total other income expenses net			279.49K -	183.02K 34.52%	59.06K 67.73%	232.94K 294.38%	122.70K 47.33%	88.42K 27.94%	351.92K 298.01%	306.98K 12.77%	-3.79M 1,335.27%
income before tax	-12.07M -	-1.43M 88.12%	-1.29M 10.38%	-2.08M 61.67%	-2.49M 19.66%	-5.22M 109.84%	-2.71M 47.98%	-5.04M 85.60%	-7.24M 43.75%	-7.24M 0%	-15.20M 110.00%
income tax expense			279.49K -	183.02K 34.52%				6.83K -	380.37K 5,472.36%	5 100.00%	-4.05M 80,960,100%
net income	-12.07M -	-1.43M 88.12%	-1.29M 10.38%	-2.08M 61.67%	-2.49M 19.66%	-5.22M 109.84%	-2.71M 47.98%	-5.04M 85.60%	-7.24M 43.75%	-7.24M 0%	-15.20M 110.00%
weighted average shs out	508.50M -	737.85M 45.10%	807.80M 9.48%	1.14B 41.12%	1.44B 26.75%	1.81B 25.09%	2.41B 33.54%	3.38B 40.20%	4.26B 25.77%	4.26B 0%	6.31B 48.16%
weighted average shs out dil	508.50M -	737.85M 45.10%	807.80M 9.48%	1.14B 41.12%	1.44B 26.75%	1.81B 25.09%	2.41B 33.54%	3.38B 40.20%	4.26B 25.77%	4.26B 0%	6.30B 48.11%
eps	-0.02 -	-0.00 91.98%	-0.00 15.79%	-0.00 12.50%	-0.00 5.56%	-0.00 70.59%	-0.00 62.07%	-0.00 36.36%	-0.00 13.33%	-0.00 0%	-0.00 41.18%
epsdiluted	-0.02 -	-0.00 91.98%	-0.00 15.79%	-0.00 12.50%	-0.00 5.56%	-0.00 70.59%	-0.00 62.07%	-0.00 36.36%	-0.00 13.33%	-0.00 0%	-0.00 41.18%

AU:COM:AUSTRALIANVANADIUM

Australian Vanadium Limited

Last Close

0.01

25/11 05:10

Market Cap

129.16M

Beta: -

Volume Today

5.41M

Avg: -

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