Australian Vanadium Limited (ASX: AVL) is developing the Australian Vanadium Project at Gabanintha, Western Australia -- a large-scale, open-pit vanadium mine and processing operation targeting premium vanadium pentoxide (V2O5) for steel and the emerging vanadium redox-flow-battery market. A Bankable Feasibility Study (completed 2022) remains the current, formally-completed highest-level economic study: pre-tax NPV7.5% of A$833M (post-tax NPV7.5% of A$507M) and equity IRR of 20.6% (at US$10.50/lb V2O5), A$604M upfront pre-production capital, 7.3-year payback, average annual EBITDA of A$175M over a 25-year mine life. In September 2026 AVL terminated a 2017 Mineral Rights Sale Agreement with Albright Metals, consolidating full ownership of mineral rights (including nickel, copper and gold rights) across key Gabanintha tenements.
Lifecycle Milestones
Not in place: mill, road access, grid power. Not yet determined: tailings facility.
Jurisdiction (40%)9/10
Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. The Australian Vanadium Project (Gabanintha) is near Meekatharra in Western Australia, a jurisdiction with Tier-1 rule of law.
Infrastructure (40%)0.7/10
No confirmed mill, no confirmed road access, and no confirmed grid power at Australian Vanadium Project (Gabanintha), Meekatharra, Western Australia; tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:10/10
Stage: Feasibility Study
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Non-Executive Chairman of Paladin Energy Ltd, director since October 2019; previously Managing Director of Atlas Iron Ltd and a senior executive of CMS Energy Corporation; also Non-Executive Chair of Australian Vanadium Limited.
Non-Executive Director of Australian Vanadium Limited. BSc ChE. Vanadium industry veteran with technical and financial sector expertise; previously held roles at U.S. Vanadium, Blackrock Metals and Evraz Group.
Non-Executive Director of Australian Vanadium Limited. AM. Chemical engineer with 20+ years' experience in the mineral processing industry; senior roles at Monadelphous, Iluka Resources, Alcoa and WMC Resources.
Non-Executive Director of Australian Vanadium Limited. Chemical engineer with 40 years' experience in senior technical, project and management roles and ASX-listed company experience.
Non-Executive Director of Australian Vanadium Limited. Previously Deputy Chief of Staff to Western Australia's Premier. Extensive experience in stakeholder engagement across government and private sectors.
Non-Executive Director of Australian Vanadium Limited. Economics degree holder with 35+ years' experience in the global mining industry. Co-founder of Resource Capital Funds.
CEO of Australian Vanadium Limited, appointed 2022. 20+ years' experience in key leadership roles across resource and energy sectors, with vanadium and lithium project development and operations background. PMP, CPMet, CPEng; Adjunct Lecturer, University of Western Australia.
CFO of Australian Vanadium Limited. Almost 30 years' experience in various corporate and commercial roles. Chartered Accountant; INSEAD MBA.
COO of Australian Vanadium Limited. BSc ChE, MBA. 25+ years' global experience in the vanadium industry specializing in operations and project development.
Chief Legal and Commercial Officer and Joint Company Secretary of Australian Vanadium Limited. 20+ years' experience in project contracting and finance, corporate advisory and governance roles. Bachelor of Engineering and Laws, University of Western Australia.
Company Secretary of Tesoro Gold Ltd.; also Joint Company Secretary of Australian Vanadium Limited. 15+ years of governance/administration experience at ASX-listed resources companies; former Company Secretary of Mader Group and Austin Engineering.
EGM Strategy and Business Development of Australian Vanadium Limited. 18+ years' experience as a financial markets professional within the mining sector with capital markets and investor relations expertise.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Australian Vanadium is developing the Australian Vanadium Project at Gabanintha in Western Australia, a large open-pit vanadium mine and processing operation designed to produce vanadium pentoxide for steel and vanadium redox-flow batteries. The high-grade domain's measured and indicated resources contain 1,176,060 t of V2O5 (345,780 t measured and 830,280 t indicated), within a global resource of 395.4 Mt at 0.77% V2O5. The 2022 bankable feasibility study shows a post-tax NPV7.5% of US$365M (AUD 507M) at US$10.50/lb V2O5, with initial capital of US$462M including contingency and a 25-year mine life.