SVX Sino Vanadium

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED
STATES


The Board of Sino Vanadium Inc. ("Sino Vanadium" or the "Company") (TSX
VENTURE:SVX), a late-stage vanadium play focused on the production of
vanadium-pentoxide (V2O5), today reported its second quarter 2010 financial
results (unaudited). 


The complete statements plus MD&A are available both on SEDAR
(http://www.sedar.com) and on the company's website (http://sinovanadium.com). 


About Sino Vanadium

The Company owns 100% of the Daquan property in Shaanxi province, China. The
property contains a vanadium deposit that has the potential to produce as much
as 14% of the current world demand for vanadium. The deposit comprises an
indicated resource of 15.9M tonnes at an average grade of 0.95% of vanadium
pentoxide (V2O5) (330M lbs. contained V2O5) and an inferred resource of 18.7M
tonnes at an average grade of 0.92% of V2O5 (370M lbs. contained V2O5) with a
project net present value (NPV) (10% discount) of $878,318,000 as per its
Preliminary Economic Assessment report, available on SEDAR (www.sedar.com).
Patrick Donlon, of Wardrop Engineering Inc., is the qualified person who
prepared the scientific and technical information supplied in the Company's PEA.
Mineral resources that are not mineral reserves have no demonstrated economic
viability and are too speculative geologically to be categorized as mineral
reserves. China is the world's largest single consumer of vanadium, which it
uses primarily for high-strength steel and titanium alloys. Sino Vanadium also
sees strong future potential in the growth of the high-energy, high-power,
extra-long-life battery industry. The Company's objective is to create
shareholder value through the consolidation of vanadium development and
production. For further information, please visit www.sinovanadium.com.


Forward-Looking Statements

This document may contain "forward-looking statements" within the meaning of
Canadian securities legislation and the United States Private Securities
Litigation Reform Act of 1995. These forward-looking statements are made as of
the date of this document and the Company does not intend, and does not assume
any obligation, to update these forward-looking statements. Forward-looking
statements relate to future events or future performance and reflect management
of the Company's expectations or beliefs regarding future events and include,
but are not limited to, statements with respect to the estimation of mineral
resources, the realization of estimates, the timing and amount of estimated
future production, costs of production, capital expenditures, success of mining
operations, and potential acquisitions.

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