Largo Inc. announced the successful closing of its previously announced joint venture with Stryten Critical E-Storage, LLC, an affiliate of Stryten Energy LLC, to establish Storion Energy LLC. The transaction became effective on Friday, January 31, 2025.
Storion Energy is focused on manufacturing domestically sourced, price-competitive components for the flow battery industry, including vanadium electrolyte. This partnership leverages Largo’s high-quality vanadium supply and Stryten’s U.S.-based manufacturing expertise.
The finalization of Storion Energy represents a transformational step for Largo, advancing its investment strategy into the fast-growing vanadium flow battery market. It establishes a fully integrated vanadium electrolyte supply chain in North America, addressing a key challenge for vanadium flow battery adoption.
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