The Canadian-based vanadium mining company Largo Resources started its energy storage business with the start of its Delaware Largo clean energy sector.
Launch of Largo Clean Energy creates an industry-leading, vertically integrated vanadium redox flow battery ("VRFB") business to provide clean energy storage systems to the fast-growing, long-duration renewable energy storage market
Australian Vanadium Ltd's (ASX:AVL) (OTCMKTS:ATVVF) (FRA:JT71) speaks to Proactive's Andrew Scott after signing a non-binding Memorandum of Understanding with US Vanadium LLC in relation to offtake from the Australian Vanadium Project in Western Australia.
Australian Vanadium (ASX:AVL) signed a non-binding memorandum of understanding with chemical producer US Vanadium for future vanadium offtake sourced from the miner’s Vanadium project in Western Australia.
“AVL is developing one of the highest-grade vanadium projects underway in the world and our aim is to become a low-cost producer able to withstand long-term commodity price cycles,” said managing director Vincent Algar.
Drilling is underway at the Australian Vanadium Project’s Gabanintha resource, as its namesake owner works towards a bankable feasibility study (BFS) on the flagship project in WA.