# AVL: Vanadium Processing Facility Planning Milestone Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03147090 Publisher: asx Original announcement: 2026-09-30T23:26:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T00:15:16.624Z Atlas analysis updated: 2026-10-01T00:15:16.624Z - Company: Australian Vanadium Limited - Ticker: AVL - Exchange: ASX - Region: Western Australia - Primary commodity: Vanadium - Secondary commodities: Iron ore, Titanium dioxide, Silica, Alumina - Document categories: Resource update, Permitting, Other - Extracted: 2026-10-01 00:15:17 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary The Western Australian Planning Commission \(WAPC\) has resolved to vary certain conditions for Australian Vanadium Limited's \(AVL\) proposed Tenindewa vanadium processing facility. The revision addresses practical development considerations but does not change the approved built form, land use, or operational characteristics of the facility. Reasoning: The variation of planning conditions is a positive regulatory milestone that addresses practical development considerations without altering the project's core scope. - Positive factor: WAPC resolved to vary conditions for the Tenindewa facility - Positive factor: No change to approved built form, land use or operational characteristics Facts used in scoring: 10 ## Classification and evidence **Permitting Milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The WAPC resolved to vary conditions for the Tenindewa vanadium processing facility. Evidence · text > WAPC has resolved to vary the relevant conditions in accordance with the recommendation before it. ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Resource Estimates (9) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-1) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:32f1f35b5e3cf44cde26 - Deposit or zone: HG - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 30600000 - Grade: 46.3 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 46.3 Context: 30.6 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-2) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:8c42139014ee426c59d5 - Deposit or zone: HG - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 74800000 - Grade: 47.5 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 47.5 Context: 74.8 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-3) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:60559e0b465b20436688 - Deposit or zone: HG - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 67900000 - Grade: 45.3 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 45.3 Context: 67.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-4) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:d7fdbc440d22d0de95e1 - Deposit or zone: LG - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 61800000 - Grade: 26.1 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 26.1 Context: 61.8 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-5) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:34f1baf571fa28ebb5cd - Deposit or zone: LG - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 142500000 - Grade: 24.9 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 24.9 Context: 142.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-6) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:d545a2d8b46808b0cb72 - Deposit or zone: Transported - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 17900000 - Grade: 31 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 31.0 Context: 17.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-7) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:6d1d9e4b43f65b650f3b - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 30600000 - Grade: 46.3 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 46.3 Context: 30.6 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-8) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:184bcfb40e654d5e1b53 - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 136600000 - Grade: 37.8 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 37.8 Context: 136.6 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/avl-vanadium-processing-facility-planning-milestone--d55aff52-c93c-4c8d-959d-b1be5092c37f#fact-resource-facts-9) The Australian Vanadium · iron\_ore #### Identity - Project: The Australian Vanadium - Commodity: iron\_ore - Ticker: AVL #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:0ac0658d3fcedabce5df - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 228200000 - Grade: 31.4 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 31.4 Context: 228.2 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.