australianvanadium.com.au Revenue and Competitors

Australian Vanadium Limited is a vanadium focused company looking to take advantage of growth in the emerging battery storage market through tailored products – primarily the vanadium redox flow battery. The Company is developing the Australian 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. The company was listed on the ASX in 2007 as Yellow Rock Resources and is backed by a strong executive team and board. Brenton Lewis is the company's Non-Executive Chairman while Vincent Algar leads senior management in the role of Managing Director. ASX: AVL