[www.ferro-alloys.com]Australian Vanadium Ltd (ASX:AVL) is expecting the arrival of its first sold vanadium redox flow battery (VRFB) in Western Australia in late August.

The battery is expected to arrive at Fremantle Port from where it will be transported to its installation site at Busselton.

Installation and testing is expected to complete during the week ending 12 September, 2016.

AVL made this first battery sale through its distribution agreement with GILDEMEISTER Energy Storage GmbH.

AVL is currently working on over 40 active leads to generate further VRFB sales.

The company’s strategy is to deliver vanadium products to end users that can be sourced and processed through the company's mine and plant.

Background

AVL is advancing the development of its 100%-owned Gabanintha Vanadium project measuring 91.4 million tonnes at 0.82% vanadium.

AVL also aims to develop a local production capacity for high-purity vanadium electrolyte, which forms a key component of vanadium redox flow batteries (VRB).

The company recently purchased a vanadium electrolyte pilot plant from C-Tech Innovation Ltd.

This purchase will enable AVL to develop unique vanadium electrolyte production expertise and capability in Australia, through both stand-alone and planned mine-attached facilities.

AVL is actively marketing vanadium redox flow batteries in Australia through a distribution agreement with world-leading flow battery manufacturer, GILDEMEISTER.

Article from Internet for reference only

• [Editor:Jiang Li Juan ]