Vanadium

The Territory is prospective yet underexplored for vanadium, a key battery metal.

Prospectivity

Exploration potential exists throughout the Aileron Province for mafic-hosted vanadium magnetite occurrences. Tivan Ltd’s Mount Peake deposit in the northern Aileron Province near Barrow Creek contains the Territory’s largest high grade vanadium resource, associated with vanadium- rich magnetite in near-surface mafic intrusion.

Vanadium also occurs in sandstone-hosted uranium deposits in Central Australia. Energy Metal Ltd’s Bigrlyi deposit is a shallow sandstone-hosted uranium-vanadium deposit that occurs on the edge of the Ngalia Basin. Laterite-hosted vanadium mineralisation has been recorded in the Carpentaria Basin.  Barkly Rare Earths Ltd hold an Inferred Mineral Resource at the Barkly REE-V project, where vanadium is hosted within the lateritic regolith profile.  The company are seeking to grow the resource through testing the validity of an Exploration Target of 300-1,000 Mt @ 0.12-0.14% V2O5 with further drilling in 2026.

Projects

Geological ProvinceNameResourceCompany
Carpentaria BasinBarkly40 Mt @ 0.21% TREO and 200 Mt @ 0.12% V2O5Barkly Rare Earths Ltd
Ngalia BasinBigrlyi7.94 Mt @ 0.137% U3O8, 0.127% V2O5Energy Metals Ltd
RegionDepositResourceCompany
Aileron ProvinceMount Peake

160.4 Mt @ 0.28% V2O5, 5.3% TiO2, 23% Fe

Tivan Ltd

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