Australian Vanadium Limited Australian Vanadium Limited (ASX:AVL) develops the Australian Vanadium Project, a globally significant vanadium-titanium-magnetite deposit near Meekatharra in Western Australia; the company advances an integrated supply chain from open-pit mining and ore processing to produce high-grade vanadium pentoxide (V2O5), iron-titanium concentrate, and ilmenite co-products, alongside vanadium electrolyte manufacturing and vanadium flow battery (VFB) systems through its wholly owned subsidiary VSUN Energy Pty Ltd. Core offerings encompass vanadium products for steel strengthening and energy storage applications; electrolyte production with 33 MWh per annum capacity at a Perth facility, supporting long-duration grid-scale storage; and VFB deployment including pilot projects such as Horizon Power's 78kW/220kWh system in Kununurra, IGO's 80kW/300kWh installation at Nova Nickel Operation, Water Corporation trial completion, and Victorian 20kW/80kWh units, with tenders up to 50 MWh capacity. Founded in 2005 and headquartered in West Perth, the company operates exclusively in Australia, targeting steel producers, aerospace critical mineral users, and renewable energy storage markets amid global decarbonization trends. Recent developments include the 2024 merger with Technology Metals Australia consolidating contiguous tenements for orebody synergies and an optimised feasibility study targeting improved capital and operating costs; completion of the Perth electrolyte plant with first production and Australian Government co-funding of $49 million under the Modern Manufacturing Initiative; Western Australian Planning Commission approval in August 2025 for the Tenindewa processing hub near Geraldton; environmental approvals and mining leases for Gabanintha; and Lead Agency Status under the Green Energy Major Projects framework.