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Australian Vanadium Secures $4.9M Milestone Boost for Battery Storage Ambitions
1:41pm on Wednesday 8th of October, 2025 AEDT
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Mining
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Australian Vanadium Secures $4.9M Milestone Boost for Battery Storage Ambitions
1:41pm on Wednesday 8th of October, 2025 AEDT
Key Points
Received $4.9 million milestone payment under $49 million federal grant
Grant supports construction of vanadium processing and beneficiation facilities
Total grant payments to date reach $29.4 million
Project aligned with integrated vanadium extraction and electrolyte production
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Australian Vanadium (ASX:AVL)
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