• The Australian Vanadium Project has been selected as a lead agency advice and support project under Western Australian Government's Lead Agency Framework
• The development of the Project will unlock domestic vanadium production, supporting AVL's strategy to deploy vanadium flow batteries
• This recognition strengthens AVL's ability to secure approvals efficiently, drive local job creation and establish Western Australia as a leader in the global critical minerals supply chain

Australian Vanadium Limited (ASX: AVL) has announced that its Australian Vanadium Project has been selected as a lead agency advice and support project under the Western Australian Government's Lead Agency Framework. The Lead Agency prioritisation framework is designed to focus the efforts of government towards the projects that are aligned with the State's decarbonisation and economic diversification agenda. The Western Australian Government has established a Green Energy Major Projects group, through which State Government agencies work together to develop clear assessment pathways and provide high-quality, fit-for-purpose, timely support for proponents and investors, with the aim of enhancing the diversification and decarbonisation of Western Australian industries. The development of the Australian Vanadium Project by AVL will unlock domestic vanadium production, supporting the company's strategy to deploy vanadium flow batteries to meet Australia's growing need for medium and long duration energy storage. AVL's Chief Executive Officer, Graham Arvidson, commented that being recognised under the Lead Agency Framework is a significant development for the company, highlighting the Project's importance in Australia's energy transition. This recognition strengthens AVL's ability to secure approvals efficiently, drive local job creation and establish Western Australia as a leader in the global critical minerals supply chain. AVL remains focused on advancing approvals and progressing project development, delivering long-term value creation for its shareholders and stakeholders.

The development of the Australian Vanadium Project by AVL will unlock domestic vanadium production, supporting the company's strategy to deploy vanadium flow batteries to meet Australia's growing need for medium and long duration energy storage.