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Largo and Stryten Energy Form Joint Venture for Vanadium Flow Batteries

Largo Inc. (TSX: LGO) (NASDAQ: LGO) and Stryten Energy LLC announce a joint venture aiming to revolutionize North America’s long-duration energy storage market by integrating vanadium supply and manufacturing.

Transforming Energy Storage with Vanadium

Largo Inc., in collaboration with Stryten Energy, plans to merge their expertise and resources to enhance the vanadium redox flow battery (VRFB) sector. This initiative will address the increasing demand for reliable, long-term energy storage solutions by establishing a complete vanadium supply chain.

Joint Venture Highlights

The agreement leverages Largo Clean Energy Corp.’s patented technology and Stryten’s high-volume production capabilities, aiming to reduce VRFB solution costs and support commercial adoption. Key advancements include a 5.5-megawatt hour VRFB deployment in Spain, showcasing one of the largest utility-scale vanadium systems in Europe.

Anticipated Market Impact

North America’s market for VRFB-based long-duration energy storage solutions is vast, and this joint venture promises to provide the necessary U.S. produced vanadium electrolyte, encouraging quicker commercial deployment.

About Stryten Energy

Stryten Energy offers a broad range of energy storage solutions across various sectors, highlighting its commitment to renewable and sustainable energy storage technologies, including advanced battery systems.

About Largo

Largo is a global leader in the production of high-quality vanadium products, focusing on contributing to a low-carbon future through sustainable practices and advanced battery technology.

Note: This venture awaits final approvals and due diligence completion.

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