Startup · $49m raised
Perth, WA
Every investor coverage indicates participated in a round Australia Vanadium raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant | - |
| Modern Manufacturing Initiative | Grant | - |
| the federal government | Grant | - |
Companies Australia Vanadium acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Australia Vanadium. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of manufacturing briefs: rare earths and semiconductor firms win government grants, Pro-Pac takes a shareholder loan, Macquarie buys into Dow infrastructure, plus sales records, a China distribution deal and a space security hub.
Vanadium company Australian Vanadium says the first study phase for its subsidiary's battery storage project is complete, and flags future funding options; earlier federal program money backs its Gabanintha resource.
Manufacturing roundup: Australian Vanadium and entX land government grants, Hexagon Energy Materials completes a $1 million round, Australian Dairy Nutritionals appoints a CEO, Aurora Labs adds a director, plus vessel, export and research briefs.
Battery metals firm Australian Vanadium has merged with Technology Metals Australia, combining adjacent WA projects; the report recalls a $49m federal grant backing AVL and its subsidiary's first flow battery build.
VSUN Energy has built its first residential vanadium flow battery in Western Australia, backed by $3.69m from the Modern Manufacturing Initiative, with another unit heading to Horizon Power.
Australia Vanadium has completed its WA electrolyte factory, though commissioning now expected in early 2024; output will supply subsidiary VSUN Energy's vanadium flow battery projects, with a federal grant covering most of the build.
Feature on flow batteries using vanadium for around-the-clock renewable storage: Invinity's Port Pirie unit is commissioning, ARENA's 2020 backing is recalled, Australian Vanadium expects to supply electrolyte, and Horizon plans a WA trial.
Roundup covering Hanwha defence testing, a PPK Group CEO promotion, Immuron's sales growth, an Australian Vanadium retirement, Lumos Diagnostics' $4.75 million placement, and TAFE Queensland scholarships.
Climate Energy Finance analysts review Australian federal and state programs backing critical minerals projects, covering government grants, low-cost loans, new budget funds and the private equity raises and debt facilities they catalysed.
Australian Vanadium completed a bankable feasibility study for its Western Australian vanadium project, which recently received a $49 million federal government grant, and will now seek project financing.
Australian Vanadium Limited wins a $49 million federal government grant to develop its Western Australian vanadium project, with ATCO, Bryah Resources, two universities and ANSTO named as partners on hydrogen and downstream work.