Largo aims to supply V2O5 directly to VRB maker
Published: Wednesday, 20 July 2016
Canada-based Largo Resources is in talks with vanadium redox battery maker Vionx for the supply of V2O5 from its mine in Brazil. Should a definitive agreement go ahead within the next three months – depending on agreement with Glencore Plc – the partnership will be the first to supply a battery manufacturer directly with vanadium raw material, according to Largo CEO Mark Smith.
Vanadium pentoxide (V2O5) producer Largo Resources Ltd has
entered into a non-binding memorandum of understand (MoU) with
vanadium redox battery (VRB) maker Vionx Energy Corp. The MoU
paves the way for a three month discussion period for the
negotiation of a definitive agreement that will need to take