- Tivan signs Letter of Intent with Larrakia Energy for the supply of up to 30 MW of renewable energy from 2026 at the Middle Arm Sustainable Development Precinct.
- Tivan announces plans to develop a Vanadium Electrolyte Facility at MASDP to facilitate a renewable value chain for long duration energy storage across northern Australia.
- Larrakia Development Corporation is an Aboriginal organisation representing the Larrakia people, the Traditional Owners of the lands and waters in and surrounding Darwin.
- Larrakia Energy, majority owned by Larrakia Development Corporation, is planning the development of a 300 MW solar farm to provide renewable energy to MASDP in joint venture with Australian and international partners.
- Tivan’s proposed VE Facility is based on planned production of high-purity vanadium at the Speewah Project in Western Australia, and is the largest planned facility outside of China.
- Tivan’s mission is to contribute to the global energy transition via large-scale, full-cycle deployment of Vanadium Redox Flow Batteries.
- Agreement between Larrakia and Tivan based on a shared vision of harnessing the power of renewables to lessen impacts on country and to create sustainable economic opportunities.
The Board of Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) is pleased to advise that it has signed a nonbinding letter of intent (“Letter of Intent”) with Larrakia Energy for the supply of renewable energy to support a Vanadium Electrolyte Facility (“VE Facility”) at the Middle Arm Sustainable Development Precinct (“MASDP”) in Darwin.
To view the full ASX announcement, click here
Source: Tivan Limited
