Australian Vanadium Limited (ASX: AVL) has entered into a secured US$10 million loan facility with major shareholder RCF Private Equity Fund I L.P. and Resource Capital Fund (Cardinal) L.P., managed by RCF Management L.L.C. The facility provides AVL with medium-term funding flexibility to progress the Australian Vanadium Project toward construction readiness and support its downstream initiatives.
Funds will also assist preparations for the Western Australian Government’s anticipated Expression of Interest for a 500MWh Vanadium Battery Energy Storage System in Kalgoorlie, expected in late 2025. Drawdown is scheduled for October 2025, subject to customary conditions precedent. CEO Graham Arvidson said the financing demonstrates RCF’s ongoing support as a long-term shareholder and will enable AVL to advance its Optimised Feasibility Study, project approvals, and downstream strategy, including Project Lumina. The Board selected the RCF proposal as the most favourable option following a market review, reflecting RCF’s alignment with AVL’s growth ambitions and integrated energy storage strategy.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Oct 10, 2025
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
