Storion Energy Announced as New Safekeeper of its Held Vanadium Units; Anticipates Increased Demand for Leased Vanadium Electrolyte
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Largo Physical Vanadium Corp. announced that Storion Energy will now manage its vanadium units, previously handled by Largo Clean Energy. This move aligns with LPV's strategy to expand in the long-duration energy storage market.
December 19, 2024 | 5:15 pm
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Largo Inc.'s subsidiary, Largo Clean Energy, has transferred the management of vanadium units to Storion Energy, which may enhance Largo's position in the energy storage market.
The transfer of vanadium unit management to Storion Energy aligns with Largo's strategy to expand in the energy storage market, which could positively impact Largo's market position and stock price.
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