Largo partners with Stryten Energy to establish US vanadium electrolyte manufacturing JV
Largo Clean Energy Corp (LCE), a subsidiary of TSX- and Nasdaq-listed supplier of vanadium and ilmenite products Largo, has entered into definitive agreements with an affiliate of US-based battery manufacturer Stryten Energy to establish a joint venture (JV) company to manufacture vanadium electrolyte in the US.
LCE and Stryten will each contribute certain of their vanadium flow battery-related assets and liabilities to the JV company, Storion Energy. Each company will hold a 50% stake in the JV.
“We expect the Storion partnership with Stryten Energy to be highly beneficial to Largo and its clean energy storage investment strategy.
"The transaction aims to maximise the value of Largo’s vanadium products and Storion’s patented purification process, which is expected to accelerate the manufacture of vanadium electrolyte and deployment of vanadium flow battery solutions, which, in turn, is anticipated to increase the demand for vanadium from Largo Physical Vanadium Corp, Largo and the vanadium sector as a whole," says Largo chief commercial officer and LCE president Francesco D’Alessio.
Largo owns and operates the Maracás Menchen mine, in Brazil.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation