Largo Resources (Otc) (TSE:LGO) has released an update.
Largo Inc. has announced its intention to form a joint venture with Stryten Energy, aimed at revolutionizing the North American market for long-duration energy storage solutions with a focus on vanadium flow batteries. The partnership is expected to leverage Largo’s vanadium supply and Stryten’s production capabilities to meet the growing demand for energy storage. Although the agreement is still subject to final negotiations and approvals, the joint venture signifies a strategic move to capitalize on the burgeoning energy storage sector.
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