Australian Vanadium Limited (AVL.AX)
Australian Vanadium Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.15, up 3.33% on the session, giving a market capitalisation of $58.2M. Its beta of 0.46 implies it has historically moved less than the broad market.
Australian Vanadium Limited (AVL.AX) is an Australian enterprise primarily engaged in mineral exploration, structured into two key divisions: Exploration and Energy Storage. The company's exploration activities concentrate on identifying economically valuable resources, including vanadium, titanium, and uranium. A cornerstone of its operations is the Australian Vanadium project, wholly owned by AVL, which consists of 15 tenements covering an area of roughly 200 square kilometers. This project is strategically located in Western Australia's Murchison region, positioned south of Meekatharra. Furthermore, through its Energy Storage segment, AVL is actively involved in the creation and sales of vanadium redox flow battery systems. Founded in 2005, the company was initially known as Yellow Rock Resources Limited before officially rebranding to Australian Vanadium Limited in December 2015. Its corporate headquarters are located in West Perth, Australia.
Australian Vanadium Limited is most often compared with the following Basic Materials names: