Richmond Vanadium Technology Limited
RVT.AX
Australian Securities Exchange0.11
AUD
+0.01
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Richmond Vanadium Technology Limited
RVT.AX
(Australian Securities Exchange)
Recent
price
0.11
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ratio
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div
yld
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ROIC.AI
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- Richmond Vanadium Technology Limited Richmond Vanadium Technology Limited (ASX:RVT) is an Australian minerals exploration and development company focused on vanadium resources; it advances its 100% owned Richmond-Julia Creek Vanadium Project in north Queensland, a 1.8 billion tonne non-titanomagnetite vanadium deposit situated approximately 500km west of Townsville and 400km east of Mount Isa. The company explores and develops vanadium mineral properties to produce high-quality vanadium products supporting the global energy transition, particularly for vanadium redox flow batteries; core activities encompass resource estimation, metallurgical processing using proven conventional technology with a provisional patent filed for vanadium ore concentration methods, pre-feasibility and bankable feasibility studies, environmental impact assessments, and future mining lease applications. Founded prior to its listing on the Australian Securities Exchange in December 2022 and headquartered in Perth, Western Australia, Richmond Vanadium Technology Limited operates primarily in Australia with targets including stable supply to the vanadium market and downstream applications like grid-scale energy storage. The project achieved Queensland Government Coordinated Project status in May 2022 as the state's first critical minerals initiative; it completed a pre-feasibility study confirming technical viability and financial attractiveness, appointed DRA Global as engineering consultant and Epic Environmental for impact statements targeting Q4 2024 completion, named Peter Hedley as project director for the bankable feasibility study in 2023, and released a baseline ESG report in September 2023 adopting the World Economic Forum Stakeholder Capitalism Metrics framework. Recent updates include securing 100% project ownership, ongoing advancements in feasibility study management with specialized partners for geology, mining reserves, and testwork, board changes announced in June 2025, and strong shareholder approval of all resolutions at its November 2025 annual general meeting.