Largo Resources (Otc) (TSE:LGO) has released an update.
Largo Resources is set to revolutionize North America’s long-duration energy storage market through a proposed joint venture with Stryten Energy, aiming to create a vertically integrated supply chain for vanadium and vanadium electrolyte manufacturing. This strategic move is expected to support the surging demand for energy storage solutions by providing a reliable source of U.S.-produced vanadium electrolyte, essential for vanadium redox flow batteries. The venture aligns with Largo’s strategic review to maximize value and leverage its patented technology and vanadium access to spur commercial adoption of vanadium battery solutions.
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