Largo Resources launches Largo Clean Energy
2020-12-11 14:22:57 [Print]
On December 8, Canadian-based Largo Resources announced the launch of Largo Clean Energy, a newly formed company in the US state of Delaware whose focus will be on providing long-duration vanadium redox flow battery ("VRFB") systems for the renewable energy storage market.
The vanadium for the batteries is to come from Largo's 17,690-hectare Maracas Menchen mine located in the east-central state of Bahia, in Brazil. The operation is expected to produce between 11,750 and 12,250 tonnes of vanadium pentoxide in 2020 . From the raw material, Largo produces standard grade vanadium pentoxide, high purity vanadium pentoxide and high purity vanadium powder.
According to Largo Resources, one of the objectives behind the creation of Largo Clean Energy is to open additional commercial and growth opportunities for its high purity vanadium products at attractive overall economics. The new company will also work on commercializing VRFB technology that was previously owned by VionX Energy.
The vanadium for the batteries is to come from Largo's 17,690-hectare Maracas Menchen mine located in the east-central state of Bahia, in Brazil. The operation is expected to produce between 11,750 and 12,250 tonnes of vanadium pentoxide in 2020 . From the raw material, Largo produces standard grade vanadium pentoxide, high purity vanadium pentoxide and high purity vanadium powder.
According to Largo Resources, one of the objectives behind the creation of Largo Clean Energy is to open additional commercial and growth opportunities for its high purity vanadium products at attractive overall economics. The new company will also work on commercializing VRFB technology that was previously owned by VionX Energy.