Connect with us

Hi, what are you looking for?

Investing

Australian Vanadium Seeks $500M to Build Mine, Processing Plant

Australian Vanadium (ASX:AVL, FRA:JT71, OTC:ATVVF) will commence construction of its Australian Vanadium Project (AVP) in 2024 targeting production by late 2025 or early 2026, according to an article published by the Chamber of Commerce and Industry, WA.

Profiled on WA Investments, the project is seeking an investment value of more than $500 million to start building the project including an open-pit mine near Meekatharra and a processing plant near Geraldton, the article stated.

“The Australian Vanadium Project is located in a tier-one (low-risk) mining jurisdiction and is comprised of a high-grade vanadium resource, amenable to an industry-standard processing route,” said Australian Vanadium CEO Graham Arvidson.

The Australian Vanadium Project is expected to produce 11,200 tonnes of vanadium pentoxide with a 25-year life of mine.

Read the full article here.

Click here to connect with Australian Vanadium (ASX:AVL, FRA:JT71, OTC:ATVVF) for an Investor Presentation

.

This post appeared first on investingnews.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    LIVE OAK, Fla. — President Biden traveled to Florida on Saturday to survey the damage caused by Hurricane Idalia, part of a storm response...

    Stock

    President Biden is asking his Cabinet to ‘aggressively execute’ plans for federal employees to return to their offices for work this fall after years...

    Economy

    Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

    Stock

    A group of House Democrats penned a letter Thursday to several top Biden administration and White House officials, demanding the immediate continuance of uninterrupted...

    Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 beneficialinvestmentnow.com