Australian Vanadium (AVL) has been successful in producing its first batch of vanadium electrolyte from its commissioned pilot plant at the University of Western Australia.This is another milestone for AVL’s energy storage plan as the product has the potential to be used in vanadium redox flow batteries (VRBs). What are VRBs? They are energy storage devices that have been designed to store energy generatedfrom renewable sources.
However, the company does not plan on stopping there. The proposal for a larger plant will be studied to assess its feasibility. The company plans to deliver vanadium products like batteries to end users, while also supplying and processing raw materials from the Gabanintha vanadium project in Western Australia.
The journey
The company has been using the pilot plant to test and verify the manufacture of vanadium electrolyte products that are deemed suitable for third party VRB. The company plans to supply vanadium electrolyte to VRBs that are being sold in Australia, New Zealand, and other Pacific and Asian countries.
However, ASL has also been approached by European battery manufacturers who seek electrolyte supplies for the long term. A number of additional vanadium electrolyte batches will be analysed and produced over time. Before that step, the company intends to gather information from the testing, which includes reviews by vanadium battery manufacturers and researchers.
By successfully installing the pilot plant, the company has taken a leap in the right direction as far as its strategy is concerned to become a player in the vanadium market. The development of a commercial plant in Australia is in sync with the company’s strategy to involve investors in the energy storage value chain, while also providing cash flow opportunities.
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