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Why Is Richmond Vanadium Slowing Its Feasibility Study Amid Price Slump?

6:01pm on Monday 28th of July, 2025 AEST Mining
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Why Is Richmond Vanadium Slowing Its Feasibility Study Amid Price Slump?

6:01pm on Monday 28th of July, 2025 AEST
Key Points
  • Strategic review leads to slowing Bankable Feasibility Study and approvals
  • Focus on new processing pathway to produce vanadium electrolyte directly from concentrate
  • Executive Chair Brendon Grylls takes on executive role; Managing Director and Technical Director step down
  • Cash reserves of A$8.88 million with A$8 million on term deposit
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