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Australian Vanadium: Signs Joint Co-operation agreement for Geraldton port | Fintech InShorts: Latest fintech news, analysis by experts

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Australian Vanadium: Signs Joint Co-operation agreement for Geraldton port

By Steve Sam

March 1, 2022

Australian Vanadium Signs Joint Co-operation agreement for Geraldton port

Australian Vanadium (AVL) signs an agreement for future use of a port in Geraldton as it moves towards approval, funding and development of its AustralianVanadium project
The company signed a 12-month Joint Co-operation agreement with the Mid West Ports Authority (MWPA) for the future use of facilities and services at its port
AVL expects to ship about 900,000 dry tonnes per annum of iron titanium coproduct over the 25-year life of the project
The companies plan to cooperate to expand MWPA’s port so it can meet AVL’s shipping and storage needs
Shares were trading 4.84 per cent higher today at 3.3 cents each