Australian Vanadium (AVL) Investor presentation summary

Vanadium flow battery position

• VFBs have more than 8 GWh operational globally; single projects now exceed 1 GWh, with a further 44 GWh in construction or announced.

• Cited advantages include minimal degradation, full depth of discharge, no thermal runaway risk, 30+ year asset design, scalable duration and recyclable, reusable electrolyte.

• Operating references include Dalian at 100 MW/400 MWh, with 4 years of history, and Minami-Hayakita at 15 MW/60 MWh, with 10+ years of history.

Markets and cost levers

• Target use cases include AI data centres, long-duration storage, remote electrification and hot climates; cited demand drivers include Japan's LTDA policy and Saudi Arabia's 48 GWh battery deployment plan by 2030.

• A 50 MW/500 MWh VFB BESS is modelled to require ~4 kt of V₂O₅, equivalent to ~1.7% of 2024 global supply; actual demand depends on design and electrolyte specifications.

• Potential cost levers include electrolyte leasing, which could shift the electrolyte component—estimated at 40–50% of VFB capex—to opex, plus V-NOMAD, BOP innovation and OEM scale-up.

Integrated Australian value chain

• The strategy spans vanadium mining and processing, electrolyte manufacture and utility-scale BESS solutions, combining an Australian resource, an operational WA electrolyte facility and Lumina VFB architecture.

• Lumina's 50 MW/500 MWh architecture identifies local-content roles in civils, EPCM, pumps, tanks, pipework and electrolyte; local cell-stack manufacturing is a potential opportunity.

• V-NOMAD is a relocatable electrolyte production platform designed to manufacture near battery projects and reduce delivered costs; commercial deployment opportunities are being pursued in Australia and internationally.

• VSUN Energy is positioning a proposed build-own-operate platform for contracted offtake, frequency control, capacity markets, arbitrage, renewable firming and ancillary services.