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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. ....
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 ....