{"id":4567,"date":"2024-01-18T01:12:08","date_gmt":"2024-01-18T01:12:08","guid":{"rendered":"https:\/\/economicherald.net\/?p=4567"},"modified":"2024-01-18T01:12:08","modified_gmt":"2024-01-18T01:12:08","slug":"avl-cuts-the-ribbon-on-brand-new-vanadium-electrolyte-manufacturing-facility","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=4567","title":{"rendered":"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility"},"content":{"rendered":"

Landmark vanadium electrolyte manufacturing facility opened in Perth
\nMajor milestone comes as Australian Vanadium progresses merger with orebody neighbour Technology Metals Australia
\nVanadium listed as a critical mineral and emerging as an important ingredient in battery and energy storage
\nAnnual vanadium flow battery energy capacity forecast to reach ~14.5GWh by 2031<\/p>\n

\u00a0<\/p>\n

Australian Vanadium has passed a major milestone in its \u201cpit to battery\u201d strategy with the official unveiling of its dedicated vanadium electrolyte facility in the northern Perth suburb of Wangara.<\/strong><\/p>\n

Just a day after the company\u2019s proposed 14-for-1 merger with neighbouring developer Technology Metals Australia (ASX:TMT)<\/strong><\/a> received a crucial shareholder vote of approval<\/strong><\/a>, <\/strong>Australian Vanadium (ASX:AVL)<\/strong><\/a> declared its newly constructed vanadium electrolyte manufacturing plant open for business.<\/p>\n

Federal Resources Minister Madeleine King was on hand to cut the green ribbon at the Perth-based factory, alongside a host of other notable government dignitaries, including new-ish WA State Minister for Mines and Petroleum David Michael and US Deputy Consul General Lu Zhou.<\/p>\n

The new vanadium electrolyte facility has the potential to produce up to 33MWh of high-purity electrolyte per annum and will be an important feeder to meet the growing demands of the vanadium flow battery (VFB) market.<\/p>\n

Also on display at the opening ceremony attended by more than 140 people was the 78kW\/220kWh VFB manufactured by AIM-listed Invinity Energy Systems which is destined for the Horizon Power project in Kununurra in WA\u2019s Kimberley region, as well as a prototype residential 5kW\/15kWh VFB.<\/p>\n

\u00a0<\/p>\n

Proven plant design<\/h2>\n

AVL was awarded a $3.69 million grant from the Australian Federal Government in 2021, part of which was to be used to build and operate a commercial vanadium electrolyte facility like the one opened in Perth yesterday.<\/p>\n

Construction was overseen by WA-based engineering firm Primero Group, a subsidiary of NRW Holdings (ASX: NWH)<\/a>.<\/p>\n

The plant design was modelled on the proven electrolyte manufacturing technology deployed by US Vanadium (USV), a leading supplier of vanadium electrolyte for the North American market.<\/p>\n

\u00a0<\/p>\n

Federal Resources Minister Madeleine King (centre) with Australian Vanadium director Anna Sudlow, chairman Cliff Lawrenson, chief executive Graham Arvidson and director Miriam Stanborough.Pic: Supplied (AVL)<\/p>\n

\u00a0<\/p>\n

AVL holds the exclusive licence for Australia and New Zealand to use USV\u2019s vanadium electrolyte processing technology. Until production starts from AVL\u2019s processing hub near Geraldton in WA\u2019s Mid West, vanadium oxide feedstock for the electrolyte facility will be sourced from USV\u2019s production facility in the US.<\/p>\n

Vanadium electrolyte produced by the new plant will initially be employed in VFB projects being developed by AVL\u2019s wholly owned subsidiary VSUN Energy and will allow product to be qualified with global VFB manufacturers.<\/p>\n

\u00a0<\/p>\n

Vanadium insights<\/h2>\n

According to Guidehouse Insights, demand for vanadium electrolyte is expected to grow rapidly over the coming years, particularly in the Asia-Pacific region where annual VFB energy capacity is forecast to reach ~14.5GWh by 2031.<\/p>\n

AVL\u2019s planned production from its proposed mine near Meekatharra will account for ~5% of the world\u2019s vanadium supply.<\/p>\n

Currently there is no vanadium \u2013 primarily used to strengthen steel but rapidly emerging as a key ingredient in battery and energy storage \u2013 being mined anywhere in Australia.<\/p>\n

China (60% of global supply), Russia (15%) and South Africa (10%) are the dominant producers.<\/p>\n

Speaking at the opening of the vanadium electrolyte manufacturing facility, Minister King welcomed the emergence of a new industry for Australia.<\/p>\n

\u201cVanadium flow batteries were invented in Australia \u2013 and Australian Vanadium will play a key role in the energy transition,\u201d she said.<\/p>\n

\u201cVanadium production is highly concentrated internationally and it is on Australia\u2019s \u2018critical minerals\u2019 list. The Australian Government supports critical minerals projects through measures including the Critical Minerals Facility and the Northern Australia Infrastructure Fund.\u201d<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>
\n<\/span><\/p>\n

The post AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Landmark vanadium electrolyte manufacturing facility opened in Perth Major milestone comes as Australian Vanadium progresses merger with orebody neighbour Technology Metals Australia Vanadium listed as [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":4568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nAVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=4567\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Landmark vanadium electrolyte manufacturing facility opened in Perth Major milestone comes as Australian Vanadium progresses merger with orebody neighbour Technology Metals Australia Vanadium listed as [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=4567\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-18T01:12:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/01\/AVL-main-replace-PFgFZX.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility\",\"datePublished\":\"2024-01-18T01:12:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567\"},\"wordCount\":637,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/AVL-main-replace-PFgFZX.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=4567#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=4567\",\"name\":\"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/AVL-main-replace-PFgFZX.jpeg\",\"datePublished\":\"2024-01-18T01:12:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=4567\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/AVL-main-replace-PFgFZX.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/AVL-main-replace-PFgFZX.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=4567#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=4567","og_locale":"en_US","og_type":"article","og_title":"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility - Economic Herald","og_description":"Landmark vanadium electrolyte manufacturing facility opened in Perth Major milestone comes as Australian Vanadium progresses merger with orebody neighbour Technology Metals Australia Vanadium listed as [more...]","og_url":"https:\/\/economicherald.net\/?p=4567","og_site_name":"Economic Herald","article_published_time":"2024-01-18T01:12:08+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/01\/AVL-main-replace-PFgFZX.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=4567#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=4567"},"author":{"name":"","@id":""},"headline":"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility","datePublished":"2024-01-18T01:12:08+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=4567"},"wordCount":637,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=4567#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/01\/AVL-main-replace-PFgFZX.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=4567#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=4567","url":"https:\/\/economicherald.net\/?p=4567","name":"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=4567#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=4567#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/01\/AVL-main-replace-PFgFZX.jpeg","datePublished":"2024-01-18T01:12:08+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=4567#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=4567"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=4567#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/01\/AVL-main-replace-PFgFZX.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/01\/AVL-main-replace-PFgFZX.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=4567#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"AVL cuts the ribbon on brand new vanadium electrolyte manufacturing facility"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/4567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4567"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/4567\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/4568"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}