VTM And VRFB Developing In Australia

www.ferroalloynet.com: On the FerroAlloyNet Wuhan13th Vanadium Industry Development Forum, Ian Prentice, Managing Director from Technology Metals Australia Ltd(TMT) mentioned that although Australia didn’t produce vanadium yet, it had the third largest reserves for vanadium resources in the word. And recent Australian government data has increased Australia’s resources to over 6,000 kt V placing Australia second in the world rankings. With these largest reserves resources, it has significant opportunities exist for development of long-term stable supply of vanadium from Australia.

Country Economic Resources (kt V) Percentage of World total Production (kt V) Percentage of World total
China 9,500 43% 53 62%
Russia 5,000 23% 18 21%
Australia* 4,000 18% 0 0%
South Africa 3,500 16% 8.2 10%
Brazil 120 1% 6.6 8%
USA 45 <1%

And right now there are about 22 vanadium deposits in west Australia, north Australia and Queensland. The vanadium project in Australia is divided into vanadium-titanium-magnetite (VTM) in west Australia and SSV in Queensland. And the high grade VTM in the West Australia has dominated the overall vanadium industry in Australia. There are only five companies completed the definitive feasibility study (DFS). Murchison Technology Metals from TMT which has a higher grade at 0.9% V2O5 compared with others, has finished the definitive feasibility study (DFS) in 2019. And Neometals also has fit the DFS on their Barrambie project in 2019 just down the road from TMT. Besides, Windimurra project from Atlantic Ltd, which is the largest vanadium project with JORC resources of 0.49% V2O5 in Australia, also has finished the DFS and is going to put into production in 2022 for the impact of COVID-19.

Project Company Deposit Type Location JORC Resource

(Mt @ % V2O5)

Status
Murchison Technology Metals Technology Metals Australia VTM WA 137 Mt @ 0.9 DFS 2019
Australian Vanadium Australian Vanadium VTM WA 208 Mt at 0.74 PFS 2020
Canegrass Flinders Mines Ltd VTM WA 79 Mt @ 0.64 Resource
Balla Balla BBI VTM WA 456 Mt @ 0.64 DFS 2007
Windimurra Atlantic Ltd VTM WA 235 Mt @ 0.49 DFS*
Medcalf Audalia Resources VTM WA 32 Mt @ 0.47 PFS 2016
Barrambie Neometals VTM WA 280 Mt @ 0.44 DFS 2019
Unaly Hill Surefire Resources NL VTM WA 86 Mt @ 0.40 Resource
Speewah King River Resources VTM WA 4,712 Mt @ 0.30 Scoping 2018
Youanmi Venus Metals VTM WA 330 Mt @ 0.29 Resource
Mount Peake TNG VTM NT 160 Mt @ 0.28 DFS 2017
Debella Vecco Group SSV QLD 175 Mt @ 0.45 Resource
Saint Elmo Multicom Resources Limited SSV QLD 1,700 Mt @ 0.34 PFS
Richmond Intermin Resources SSV QLD 2,579 Mt @ 0.32 Resource
Cambridge Liontown Reosurces SSV QLD 84 Mt @ 0.30 Resource
Julia Creek QEM SSV QLD 2,760 @ 0.30 Resource

Australia also has developed the VRFB with the demands for vanadium in energy emerging and the global carbon commission plan. Right now a large 50MW/200MWh VRFB linked to a 50MW solar farm to be built as part of the Pangea Storage Project in Port Augusta, South Australia.

Size Location Company Year Site
30kW, 130kWh Sydney, NSW CellCube 2015 University of NSW
10kW, 100kWh Busselton, WA CellCube 2016 Native tree nursery
25kW, 100kWh Perth, WA Protean Energy 2018 Industrial site
80kW, 320kWh Meredith, VIC Avalon Battery 2019 Dairy Farm
20kW, 80kWh Packenham, VIC Avalon Battery 2019 Orchard
180kW, 900kWh Melbourne, VIC RedT 2018 Monash University
Unknown East Pilbara, WA Avalon Battery 2021 Strelley Community School
5kW. 30kWh Perth, WA V-Flow 2021 Beverly Caravan Park
5kW. 30kWh Perth, WA V-Flow 2021 Residential Home
5kW. 30kWh Perth, WA V-Flow 2021 State Energy Utility
In Construction / Planned
50MW, 200MWh Port Augusta, SA CellCube 2023 Pangea Storage Project
2MW, 8MWh South Australia Invinity 2022 Yadlamalka

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