In December 2012, American Vanadium US, Inc. submitted a plan of operations to construct, operate, reclaim, and close an open pit, heap leach, vanadium mining operation known as the Gibellini Mine Project.
For this proposal, American Vanadium has teamed with an energy company to develop new energy storage technology using an electrolyte solution containing vanadium. A photovoltaic solar field will be built at the mine to demonstrate the new battery technology.
The proposed Project is comprised of constructing and operating an open pit mining operation to extract and recover vanadium. Conventional open pit mining methods would be conducted using drilling and blasting to break up the rock. No dewatering would be necessary to keep the open pit dry. Ore and waste would be moved with excavators and loaded into 100-ton haul trucks to be transported to the on-site processing facility. The average mine production during the seven-year production phase of the mine life would be approximately 3.5 million tons of ore and waste rock per year. Approximately 4.3 million tons of waste rock and sub-grade ore material would be mined during the life of the Project. Reclamation and site closure activities would require approximately three years to complete. Post-closure monitoring is estimated to take an additional five years.