Vanadium redox batteries paving the future of renewable energy

AVL Tue, 08 Dec 2015, 09:30 AEDT

Australian Vanadium is a Vanadium-focused company looking to take advantage of growth in the emerging battery storage market, specifically as it applies to grid-scale technology. The Company is developing the Gabanintha Vanadium Project near Meekatharra, which is among the highest grade vanadium projects in the world. Australian Vanadium’s vision is to create value for shareholders by supplying its high-grade product to battery makers worldwide – a market which is expected to grow significantly on the back of increased renewable energy generation. This strategy is backed up by a complementary market in the steel sector, which also has increasing demand for vanadium.