Australian Vanadium Bags $10 Million Loan From US-Based Major Shareholder

MT Newswires Live

2025/09/30

Australian Vanadium (ASX:AVL) received $10 million via a loan facility with major shareholder RCF Private Equity Fund I and Resource Capital Fund, according to a Tuesday filing with the Australian bourse.

The facility is expected to be fully drawn in October and will be used to advance work at the company's Australian Vanadium project in Western Australia, the filing said.

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