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Australian Vanadium Secures US$10M Loan to Boost Battery Storage Ambitions
9:05am on Tuesday 30th of September, 2025 AEST
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Australian Vanadium Secures US$10M Loan to Boost Battery Storage Ambitions
9:05am on Tuesday 30th of September, 2025 AEST
Key Points
US$10 million secured loan facility from major shareholder RCF
Funding supports Australian Vanadium Project’s construction readiness
Loan aids preparation for Western Australia’s 500MWh vanadium battery tender
Loan term of 24 months with 8% plus SOFR interest rate
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