AVL australian vanadium limited

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    Bring on the drilling...
    Palladium shoots to new records as deficit fuelled rally reignites↩️
    Reuters | April 23, 2021 | 7:57 am


    Palladium prices hit a record high as tight supply spurs 18% rally in 2021↩️
    Isabelle Lee Apr 27, 2021, 11:15 AM

    "Experts predict that the price of palladium will continue to rise to $3,000, nearly double the price of gold."...

    AVL in the media today...
    Staff Writer On April 28, 2021
    Government cash splash positions hydrogen as the ‘fuel of the future’↩️

    Emerging vanadium producer Australian Vanadium (ASX:AVL) has also mapped out its own hydrogen strategy, which will see it incorporate green hydrogen into its namesake vanadium project.

    “On the hydrogen side there’s clearly a very strong understanding that using hydrogen does assist this move towards reduction of global emissions footprint,” managing director Vincent Algar told Stock-head.

    “AVL has quite a clear strategy on what we want to use hydrogen for and that is to reduce what we call our ‘scope one’ footprint which is in the generation of the vanadium product.

    “We want to get our footprint as low as possible, making it attractive to investors. We’ll do that by using hydrogen in the gas component of our work. That includes roasting.

    “We can feed up to 10-15 per cent hydrogen into our roaster and that will reduce its carbon footprint.”

    In November last year, Australian Vanadium signed a green hydrogen supply deal with ATCO – the same major energy provider Fortescue has signed on with.
 
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