The Australian Vanadium project is expected to produce 5,700 metric tonnes of vanadium per annum. “In discussions with potential funding and joint venture partners, a de-risked and large resource base has been a key requisite,” managing director Vincent Algar said. “The new indicated resources successfully targeted known higher magnetic areas which will benefit the mine planning, adding flexibility to the schedule. “Flexibility will ensure feed and concentrate specifications are optimal for the project’s process, enabling the recovery of high purity vanadium products.” Mine optimisation studies have started to incorporate the new indicated resource into a mine plan. Algar is presenting at the WA Major Projects Conference today at the Perth Convention and Exhibition Centre.