News

Vanadium redux: WA project leads VFB charge

Investing News Network

AVL CEO, Graham Arvidson, discusses the unique opportunity Australia has to build a world-class vanadium battery storage and circular value chain on the back of a 50-year resource;

  • The long-term demand for vanadium and price links to steel are transcended by the metal’s use in long-duration energy storage linked to renewable power and a multitude of industrial and societal use cases
  • Shaw and Partners says battery energy system storage is the fastest growing battery demand market in the US as that market matures and duration increases;
  • Vanadium’s use in batteries has grown from 1% of the market two years ago to more than 10% now;

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Net zero on the Horizon: piloting innovative LDES solutions

Utility Magazine

LDES (Long-duration energy storage) will play a critical role in supporting Western Australia’s journey to net zero carbon emissions by 2050. The state’s regional energy provider, Horizon Power, is embracing the latest technology, with innovative LDES trials to support the state’s acceleration to a cleaner, greener future.

‘The latest announcement follows Horizon Power’s purchase in August 2023 of a Vanadium Redox Flow Battery for a long-duration energy storage pilot in Kununurra, in Western Australia’s Kimberley region.

The 78kW/220kWh battery, from Invinity, represents a milestone in Horizon Power’s quest to test, understand and harness the capabilities of providing long periods of 100 per cent renewable energy in Western Australia.’

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Australian Vanadium wraps government-funded work and receives final payment for vanadium electrolyte manufacturing facility

Proactive Investors 

The grant provided AVL with matched funding for initiatives including:

  • design and construction of AVL’s commercial vanadium electrolyte manufacturing facility to support the rollout of vanadium flow batteries in Australia;
  • development of a high-purity processing flowsheet for a circuit to produce chemical and master-alloy grade vanadium pentoxide as part of the Australian Vanadium Project; and
  • design and manufacture of a prototype residential vanadium flow battery and stand-alone power system for the Australian energy market.

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AVL welcomes first vanadium electrolyte

Australian Mining 

Australian Vanadium (AVL) has produced its first high purity vanadium electrolyte, which is a key component of vanadium flow batteries. Independent testing demonstrated that the vanadium electrolyte complied with typical specifications required by vanadium flow battery manufacturers.

Alongside producing first vanadium electrolyte, AVL has also successfully commissioned its vanadium electrolyte manufacturing facility that completed construction in December.

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VSUN Energy completes first vanadium flow battery

Au Manufacturing

VSUN Energy has completed the manufacture of its first vanadium flow battery (VFB, pictured) at its Western Australian facility with factory testing being undertaken in Q1, 2024.

The company, owned by vanadium producer Australian Vanadium, said the prototype residential battery has 5kWH of power and 15kWh storage capacity and would then be installed in a home for further testing.

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Australian Vanadium completes flow battery electrolyte factory in Western Australia

Energy Storage News

Construction has been completed at a factory making electrolyte for vanadium redox flow battery (VRFB) energy storage systems in Western Australia.

Vanadium resources company Australian Vanadium Limited (AVL) announced this morning (15 December) that it has finished work on the facility in a northern suburb of the Western Australian capital, Perth.

The factory will have an annual production capacity for 33MWh of electrolyte.

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Vanadium battery ‘turning point’ brings $217m merger

Financial Review

The chief executive of Australian Vanadium says the turning point towards more rapid take-up of batteries that use vanadium as an electrolyte is already here as he eyes a $217 million merger with Technology Metals Australia.

The two companies have agreed an all-shares merger to better exploit their jointly owned high-purity vanadium – a raw material for long duration storage batteries – resource near Meekatharra in WA’s mid-West.

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Australian Vanadium Limited appoints engineering group Primero to construct its vanadium electrolyte manufacturing in Western Australia

Best Mag

Australian Vanadium Limited has appointed the engineering Primero Group to construct its vanadium electrolyte manufacturing facility in Western Australia.

It will be designed to produce up to 33 MWh per year of vanadium flow battery high purity electrolyte.

It also said it appointed Simon Rough, an experienced operations professional, to safely manage construction. He will see the plant into production.

His extensive experience in vanadium processing and sulphuric acid production makes him “a perfect fit” to lead the team to successful production of high-quality electrolyte, the company said in a statement.

Rough has safely led teams in hydro and pyrometallurgical operations, vanadium processing and sulphuric acid production, AVL said.

The company holds the exclusive licence of US Vanadium’s process technology for manufacturing vanadium electrolyte for Australia and New Zealand.

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Vanadium could be the next lithium for big battery tech

Battery Industry

Big batteries across Australia could one day be powered by a little-known element called vanadium and manufactured onshore, an industry leader says. The silvery-grey metal is the latest “pit to grid” sensation for electricity system operators, although most people have never heard of it.

“Seven years ago lithium was in the same spot,” Australian Vanadium CEO Graham Arvidson believes that vanadium has the potential to be the next big thing in energy storage. Australia is home to almost one-third (or 31 per cent) of the world’s vanadium, according to Geoscience Australia, but none of it is mined.

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