Richmond Vanadium Technology Limited (ASX:RVT)

ALERT: Price-sensitive ASX Announcement for RVT

Current share price for RVT : $0.110 0.04 (57.14%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

27 Oct 2025 4:48PM

Price at Release

$0.070

Full Release

Summary

Richmond Vanadium Technology Limited (RVT) reported its quarterly activities and cash flow for the period ending 30th September 2025. The company continues to develop its Richmond – Julia Creek Vanadium Project in North Queensland, one of the largest undeveloped oxide vanadium resources globally. During the quarter, RVT focused on advancing its Environmental Impact Statement (EIS) and Bankable Feasibility Study (BFS) while maintaining strategic partnerships. The company held $7.63 million in cash as of September 30, 2025, with significant funds allocated to a term deposit. Key activities included resource drilling, waterbore installation, and industry engagement, including hosting Rongke Power in Perth. The BFS aims for completion in the second half of 2026, with enhancements in engineering and processing optimizations. RVT's ESG initiatives were aligned with international frameworks, reinforcing their commitment to sustainable development.

Key Points

Richmond Vanadium Technology is developing a major vanadium project in North Queensland.
As of September 2025, RVT held $7.63 million in available funds.
RVT focused on advancing the EIS and BFS for the Richmond – Julia Creek Project.
The BFS is expected to complete in the second half of 2026.
ESG metrics have been refined and aligned with global standards.
RVT engaged in strategic partnerships and industry collaborations.
No new tenements were acquired or disposed of during the quarter.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.