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Vanadium producer Largo prepares 1.4GWh of flow battery stack manufacturing capacity


Published: 6 May 2021, 13:11
By:
Andy Colthorpe
Largo Clean Energy was officially launched in December last year, with the company expected to commercialise its VRFB product within 18 months of that date. Image: Largo Resources via Twitter.
Largo Resources, a vertically-integrated vanadium supplier launching its own line of redox flow batteries for energy storage, is establishing 1.4GWh of annual battery stack manufacturing capacity.
The company said yesterday that it has secured a location in Massachusetts, US, from which it will manufacture the vanadium redox flow battery (VRFB) stacks and develop products. The new site will also be the headquarters for Largo Clean Energy, the subsidiary Largo Resources launched in December to capitalise on opportunities in stationary storage for the grid. ....

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Leucrotta Exploration Announces Asset Disposition, Financing and Phase 1 Mica Pad Development


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THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
CALGARY, Alberta, March 15, 2021 (GLOBE NEWSWIRE)
Leucrotta Exploration Inc. ( Leucrotta
or the Company
) (TSXV - LXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters for a $20.0 million bought deal financing (the
Financing ) by way of a short form prospectus offering. The Company will be conducting a concurrent non-brokered private placement of $2.0 million flow-through units of the Company. The Company has also entered into a definitive agreement with an Alberta based publicly traded oil and gas company in connection with disposition of its non-strategic lands (the ....

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Anglo Pacific Group PLC Announces 2020 Trading Update


Anglo Pacific Group PLC Announces 2020 Trading Update
LONDON, UK / ACCESSWIRE / February 8, 2021 / Anglo Pacific Group PLC (
Anglo Pacific or the
Company ) (LSE:APF)(TSX:APY), issues the following trading update for the period 1 October 2020 to 7 February 2021, which includes certain information for the year ended 31 December 2020. The Company expects to release its full year results on 24 March 2021. Unless otherwise stated, all unaudited financial information is for the quarter or year ended 31 December 2020.
Highlights:
£35m - £37m in portfolio contribution down ~40% vs. record year in 2019 (£59.5m)
Decrease in portfolio contribution primarily driven by softening in coal prices during 2020 and an associated reduction in the applicable royalty rate at Kestrel, together with a 10% decrease in sales volumes at Kestrel ....

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