Australian Vanadium's new energy venture

Australian Vanadium (ASX:AVL), through its subsidiary VSUN Energy, has launched Project Lumina. The initiative aims to develop a modular, scalable battery energy storage system using vanadium flow battery technology. This project is part of AVL's strategy to create a pathway for vanadium oxides from its Australian Vanadium Project.

Australian Vanadium's strategic plan

Australian Vanadium's Project Lumina marks a significant step in the company's strategy to integrate its vanadium production with battery technology. The project targets the growing need for long-duration energy storage in Australia, offering a competitive alternative to lithium-ion systems. AVL's focus on vanadium flow batteries aligns with its 'pit to battery' strategy, potentially creating an offtake pathway for its vanadium resources. As the company explores funding options and aims for a final investment decision by Q3 2025, AVL is poised to become a key player in the global energy storage market, supported by the Australian Government's National Battery Strategy.

Insights into Project Lumina

Project Lumina is an essential part of our long-term vision for Australian Vanadium. By integrating our resources with cutting-edge technology, we aim to position ourselves as a leader in the energy storage sector. Our focus on vanadium flow batteries not only addresses the growing demand for reliable and sustainable energy solutions but also enhances our strategic importance in the market.