Australian Vanadium Limited (AVL:ASX)

Company Overview

Australian Vanadium Limited, formerly Yellow Rock Resources Limited, is engaged in exploration for vanadium/titanium and other economic resources, the development of vanadium electrolyte production and the sale of vanadium redox flow batteries (VRFB) systems. The Company operates through two segments: Exploration and Energy Storage. The Company's Exploration segment consists of the Gabanintha Vanadium Project and other exploration project. Its Energy Storage segment is engaged in the sale of VRFB systems. The Gabanintha Project is located approximately 40 kilometers south of Meekatharra within the northern Murchison region of Western Australia. The Company has completed a diamond drilling program of over eight holes for approximately 930 meters. The Nowthanna exploration license application MLA 51/771 is located over 50 kilometers southeast of Meekatharra. It also operates Bryah Basin Gold/Base Metals Project.