Australian Vanadium Limited · ASX:AVL
Australian Vanadium — 40th Anniversary Flow Battery Symposium 2024
15 slides from Australian Vanadium's conference presentation, Oct 15, 2024
Slide 1: Upstream, Midstream, and Downstream: Unlocking an Australian VFB Supply Chain
For personal use only Upstream, Midstream, and Downstream: Unlocking an Australian VFB Supply Chain 40th Anniversary Flow Battery Symposium October 2024 ASX:AVL
Slide 2: Compliance & Cautionary Forward-looking Statements
Compliance & Cautionary Forward-looking Statements The views expressed in this Presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.
Slide 3: A renewables-based energy transition requires both electricity generation AND matched energy storage
A renewables-based energy transition requires both electricity generation AND matched energy storage For personal use only Metal contribution to supply chain value • There is enormous effort and spend on 60% electricity generation – too little on energy storage despite ambitious 50% decarbonisation
Slide 4: Long duration storage – an unprecedented opportunity
Long duration storage – an unprecedented opportunity A critical shortage of Medium and Long Duration BESS storage in the Australian market between 2025 and 2035 is looming, as legacy coal plants are slated to be shutdown. Medium/Long-Duration Energy Storage Capacity Requirements in GWh Medium/Long-D
Slide 5: Victoria case study – grid scale storage required
Victoria case study – grid scale storage required For personal use only Winter operational demand – Victoria 15 July 2024 Victoria recently set a MW 30min Generation Type/Operational Demand new peak power 8,000 demand record of 8.6GW 6,000 Brown coal and wind provided the majority of supply 4,000 Vi
Slide 6: Levelised Cost of Storage
Levelised Cost of Storage Levelised Cost of Storage (LCOS) 400 For personal use only 350 Lithium-ion VFB Large scale vanadium flow 300 1 1 batteries are projected to have 250 a lower LCOS than the current US$/MWh benchmark utility-scale lithium 200 2 batteries, driven by their 30+ 150 2 year life an
Slide 7: AVL - Vertically integrated to generate value across the supply chain
AVL - Vertically integrated to generate value across the supply chain Upstream Midstream Downstream For personal use only Vanadium Mining Electrolyte Battery and Processing Manufacture Installation and Maintenance Asset Australian Vanadium Project Electrolyte manufacturing facility VSUN Energy AVL H
Slide 8: The world class Australian Vanadium Project unlocks our vertically integrated strategy
UPSTREAM The world class Australian Vanadium Project unlocks our vertically integrated strategy For personal use only A world class asset located in Western Australia, a Tier-1 mining jurisdiction Simple open pit mining with standard magnetite concentrator process Proven processing technology that r
Slide 9: Proven vanadium electrolyte manufacturing capacity
MIDSTREAM Proven vanadium electrolyte manufacturing capacity AVL built, owns and operates a manufacturing For personal use only facility in Perth, Western Australia, capable of commercial vanadium electrolyte production • 33MWh per annum energy storage equivalent of vanadium electrolyte production •
Slide 10: VSUN Energy – engaging with mining and utility customers
DOWNSTREAM VSUN Energy – engaging with mining and utility customers For personal use only IGO Limited Horizon Power Nova Nickel Operation (Western Australia) Kununurra (Western Australia) Installation of a VFB to provide storage capacity to allow for carbon free Horizon Power, a utility owned by the
Slide 11: VSUN Energy – Leveraging proven technology, EPC, and OEM partners to minimise technical risk
DOWNSTREAM VSUN Energy – Leveraging proven technology, EPC, and OEM partners to minimise technical risk For personal use only Vanadium electrolyte Sourced from an AVL Forward Planning electrolyte manufacturing Ensuring additional units can facility be installed as required to allow capital efficient
Slide 12: VSUN Energy - leveraging partners to accelerate deployment
VSUN Energy - leveraging partners to accelerate deployment For personal use only Technology and VFB Energy Land Deployment Funding Offtake Access • Advanced discussions • 30+ year asset life • Advanced discussions • Advanced discussions with VFB technology delivers multiple with BESS energy to secur
Slide 13: Progressing our strategic initiatives
Progressing our strategic initiatives For personal use only Delivered Next steps BFS completed (pre-merger basis) AVL Project VSUN Energy Mining Leases approved Publish integrated Optimised Secure VFB technology partners Feasibility Study (OFS) Completion of large-scale process Secure priority locat
Slide 14: Investment thesis
Investment thesis For personal use only Growing World-class Ability to capture vanadium High metal Australian downstream Delivering local fundamentals content of VFBs Vanadium Project value content Leveraged to energy Underpinning the World-class asset VSUN Energy Australian Vanadium market structur
Slide 15: For personal use only
For personal use only +61 (08) 9321 5594 info@avl.au www.avl.au Level 2, 50 Kings Park Road, West Perth, Western Australia 6005 Australian Vanadium Limited | ASX: AVL
Australian Vanadium — 40th Anniversary Flow Battery Symposium 2024 on 6ix