Thanks Frederic0 ….
I hope this is just tidying up loose ends before a new swag of funding is announced.
-That (three part?) $49m grant also included collaboration on a green hydrogen project which never eventuated as I recall?
Here’s a link to the original announcement; 16/03/2022 ; https://www.australianvanadium.com.au/wp-content/uploads/2022/03/MMI-Collaboration-Grant.pdf
I wonder if ATCO news is also incoming after three years of nil activity?
cheers
https://grafa.com/news/mining-bryah-resources-exits-australian-vanadium-deal-403944
Bryah Resources exits Australian Vanadium deal
Written by Mahathir Bayena| Grafa
Published: 24 Mar 2025 at 8:39 am AWST
Bryah Resources (ASX:BYH) has announced its withdrawal from a collaboration agreement with Australian Vanadium (ASX:AVL), which was instrumental in securing a $49 million Australian government grant.
While Bryah was not entitled to any of the grant funds, the termination of the agreement extinguishes a $100,000 liability the company previously held.
Despite the withdrawal, Bryah retains mineral rights to nickel, copper, and gold within the Australian Vanadium Project at **anintha.
The company is now actively marketing the sale of the mineral rights to streamline its asset base and focus on other projects.
Meanwhile, Australian Vanadium continues to develop the Australian Vanadium Project, which includes a 16.1 Mt indicated mineral resource containing nickel, copper, and cobalt.
Bryah has also signalled a renewed focus on gold exploration within the project area, leveraging previous high-grade mineralisation results.
At the time of reporting, Bryah Resources' share price was $0.0040.
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