Australian Vanadium Limited

Financials:

Primary ticker: ASX:AVL, OTCQB:ATVVF, FRA:JT71
Stage of development: Development
Primary minerals: Vanadium
Project to promote: The Australian Vanadium Project
Project location: Australia
Website: www.australianvanadium.com.au

Corporate presentation: Click here
Corporate video: Click here

Australian Vanadium Limited is bringing the world class Australian Vanadium Project in Western Australia into production.
AVL will also build a vanadium electrolyte manufacturing facility and through its 100% owned subsidiary VSUN Energy, is developing the vanadium redox flow battery (VRFB) industry in Australia.
The company has agreements in place with some of the world’s leading VRFB manufacturers for supply of vanadium, vanadium electrolyte and sale of VRFBs.
The technical knowledge of vanadium processing inside the company is strong and certainly unparalleled in Australia.
The company has released a Bankable Feasibility Study and is now working to secure funding and progress through to construction and production.

Cash: AUD$25M
Debt: NIL

Major shareholders:
Citicorp Nominees Pty Limited – 6.97%
BNP Paribas Nominees Pty Ltd ACF Clearstream – 3.59%
Mr & Mrs Hoeksema – 2.66%
HSBC Custody Nominees (Australia) Limited – 1.59%
Kalemois Pty Ltd – 1.51%
Management ownership – 3.78%

Management Profile

Mr Vincent Algar –  Managing Director
Vincent Algar is a geologist by profession with over 27 years of experience in the mining industry, spanning underground and open cut mining operations, greenfields exploration, project development and mining services in both Western Australia and Southern Africa. Since 2015 Mr Algar has been Managing Director of Australian Vanadium Ltd and is responsible for advancing the company’s high-grade Australian Vanadium Project in Western Australia. Mr Algar was instrumental in the launch of AVL’s subsidiary VSUN Energy, with its focus on developing the vanadium redox flow battery market for energy storage. Vincent has strong technical, ESG and financial knowledge and represents both AVL and VSUN Energy to the mining, financial and energy markets within Australia and overseas.

Daniel Harris- Technical Director
Daniel Harris is a vanadium industry veteran and has an understanding of the resource sector from both a technical and financial perspective.
Daniel is currently Non-executive Director of U.S. Vanadium LLC, Queensland Energy & Minerals and Flinders Mines. He is an Advisory Board Member and Vanadium Consultant for Blackrock Metals.
Previous roles include interim CEO and Managing Director at Atlas Iron; Chief Executive & Operating Officer at Atlantic; Vice President & Head of Vanadium Assets at Evraz Group; Managing Director at Vametco Alloys; General Manager of Vanadium Operations at Strategic Minerals Corp and acting as an independent technical and executive consultant to GSA Environmental Limited in the United Kingdom.

What is your rationale for taking part in 121 Mining Investment?

AVL is seeking project finance, (both debt and equity) and vanadium offtake agreements

What recent news would you like to highlight to investors attending?

25 January 2023 – Critical Minerals Collaboration Signed with Neometals
17 October 2022 – Appointment of experienced project development and operations executive Graham Arvidson as CEO
5 October 2022 – US listing upgraded to OTCQB
1 September 2022 – First Term Sheet for Iron Titanium Coproduct signed with Tianzhu Steel
23 August 2022 – Drill program to upgrade Mineral Resource commenced

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Binding offtake agreements and project finance

6 Months:
Order long lead items

12 Months:
Commence construction

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Key risks are similar to other projects around the world, with an unstable financial market, geopolitical risks and post-COVID logistic and financial impacts. We are working to ensure that the project is robust and will operate successfully through all cycles, plus working on downstream opportunities in the battery market that will provide additional revenue streams, eg vanadium electrolyte manufacture and vanadium redox flow battery market development. We are also ensuring that the technical work we have completed is thorough and will ensure a profitable project through construction and production.

What do you think makes your company such a compelling investment?

AVL is positioned as the next primary vanadium producer in the world. Having downstream opportunities, particularly in the battery market, a strong team and a high-grade deposit which is amenable to processing makes AVL a compelling investment.

What are the top 3 key investor takeaways?

  • More than mining – vertical integration through the steel and battery markets
  • Technically robust studies completed
  • Government support through internal agencies and grants

Financials:

Primary ticker: ASX:AVL, OTCQB:ATVVF, FRA:JT71
Stage of development: Development
Primary minerals: Vanadium
Project to promote: The Australian Vanadium Project
Project location: Australia
Website: www.australianvanadium.com.au

Corporate presentation: Click here
Corporate video: Click here

Australian Vanadium Limited is bringing the world class Australian Vanadium Project in Western Australia into production.

AVL will also build a vanadium electrolyte manufacturing facility and through its 100% owned subsidiary VSUN Energy, is developing the vanadium redox flow battery (VRFB) industry in Australia.

The company has agreements in place with some of the world’s leading VRFB manufacturers for supply of vanadium, vanadium electrolyte and sale of VRFBs. The technical knowledge of vanadium processing inside the company is strong, certainly unparalleled in Australia.

The company has released a Bankable Feasibility Study and is now working to secure funding and progress through to construction and production.

Cash: AUD$$25M
Debt: NIL

Major shareholders:
Citicorp Nominees Pty Limited – 6.91%
BNP Paribas Nominees Pty Ltd ACF Clearstream – 3.64%
Mr & Mrs Hoeksema – 2.40%
HSBC Custody Nominees (Australia) Limited – 1.74%
Kalemois Pty Ltd – 1.65%
Management ownership – 1.03%

Management Profile

Mr Vincent Algar –  Managing Director
Vincent Algar is a geologist by profession with over 27 years of experience in the mining industry, spanning underground and open cut mining operations, greenfields exploration, project development and mining services in both Western Australia and Southern Africa. Since 2015 Mr Algar has been Managing Director of Australian Vanadium Ltd and is responsible for advancing the company’s high-grade Australian Vanadium Project in Western Australia. Mr Algar was instrumental in the launch of AVL’s subsidiary VSUN Energy, with its focus on developing the vanadium redox flow battery market for energy storage. Vincent has strong technical, ESG and financial knowledge and represents both AVL and VSUN Energy to the mining, financial and energy markets within Australia and overseas.

What is your rationale for taking part in 121 Mining Investment?

AVL is seeking project finance and vanadium offtake agreements

What recent news would you like to highlight to investors attending?

17 October – Appointment of experienced project development and operations executive Graham Arvidson as CEO
5 October – US listing upgraded to OTCQB
1 September – First Term Sheet for Iron Titanium Coproduct signed with Tianzhu Steel
23 August – Drill program to upgrade Mineral Resource commenced

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Achieve Final Investment Decision

6 Months:
Order long lead items

12 Months:
Commence construction

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Key risks are similar to other projects around the world, with an unstable financial market, geopolitical risks and post-COVID logistic and financial impacts. We are working to ensure that the project is robust and will operate successfully through all cycles, plus working on downstream opportunities in the battery market that will provide additional revenue streams, eg vanadium electrolyte manufacture and vanadium redox flow battery market development. We are also ensuring that the technical work we have completed is thorough and will ensure a profitable project through construction and production.

What do you think makes your company such a compelling investment?

AVL is positioned as the next primary vanadium producer in the world. Having downstream opportunities, a strong team and a high-grade deposit which is amenable to processing makes us a compelling investment.

What are the top 3 key investor takeaways?

  • More than mining – vertical integration through the steel and battery markets
    Technically robust studies completed
    Government support through internal agencies and grants