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How Will AVL’s $49M Grant Variation Accelerate Its Integrated Vanadium Project?
9:20pm on Friday 29th of August, 2025 AEST
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How Will AVL’s $49M Grant Variation Accelerate Its Integrated Vanadium Project?
9:20pm on Friday 29th of August, 2025 AEST
Key Points
Variation signed to align $49M Modern Manufacturing Initiative grant with integrated project
Grant supports construction of crushing, milling, beneficiation, and high-purity processing facilities
$24.5M received to date, with further payments contingent on milestones through March 2028
Project underpins AVL’s ‘pit to battery’ strategy and sovereign vanadium supply chain
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