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

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

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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
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