NRW Holdings' Primero Group has been contracted to build a lithium processing plant in the Northern Territory and a vanadium electrolyte manufacturing facility in Western Australia.
Eight businesses including Lynas Rare Earths, Albemarle Corporation and Australian Vanadium have secured nearly $50 million in federal government manufacturing grants.
Chemical producer Coogee and corporate advisory firm Lisle Group have joined more than a dozen mining and engineering firms on a state government taskforce targeting future battery industries.
Buru Energy said today it has maintained production at its Ungani oil project in the Kimberley but has joined other resources companies, including Australian Vanadium, in cutting salaries, directors fees and other spending to preserve cash during the COVID-19 pandemic.
Australian Vanadium has signed an option to build a vanadium processing plant at a site east of Geraldton, as it continues to work on a potential mining project.
Copper and gold explorer Hot Chili has raised $12.1 million via a share placement, while Australian Vanadium and Blackstone Minerals have also locked in funds from capital raisings.
Australian Vanadium has raised $3.5 million in capital to advance its vanadium project near Meekatharra, while Volt Resources has raised $1.6 million to fund the development of its Bunyu graphite project in Tanzania.
West Perth-based Rolek Resources has launched a $5 million initial public offering, with the company planning a backdoor listing via Shaw River Manganese.
Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every t
Junior explorers Black Mountain Resources and Australian Vanadium have announced $3 million capital raisings, while gold-focused Crusader Resources is tapping investors for $6.5 million as part of its initial public offering on the London AIM.
A lack of battery storage across the electricity network in Perth and surrounds is the most significant energy problem facing the state, according to recent research from the University of Western Australia.
Australian Vanadium has joined fellow Perth company Carnegie Clean Energy in hoping to help solve South Australia's energy crisis, today committing to tender to build a battery storage facility in that state.
Listed minerals group Australian Vanadium has installed its battery system in Western Australia via a subsidiary acting as a reseller of technology linked to its parent, in this case an alternative
SPECIAL REPORT: Discussion about a sale of Western Power is taking place against a backdrop of rapid technological change in the sector, as networks brace for an onslaught of competition from battery storage.
Vanadium and uranium explorer Yellow Rock Resources has formed a new subsidiary with an unnamed local solar system installer to sell vanadium-based batteries in Australia.
David Lorry Hughes has been appointed chief executive officer of Yellow Rock Resources.Mr Hughes is an economic geologist and was most recently managing director of South Boulder Mines.
The market may be getting the jitters over commodity prices but there are still a host of resources-related floats seeking to make the most of the buoyant capital markets.
