Largo Physical Vanadium Corp. Appoints Francesco D’Alessio as CEO, Marking a New Phase of Growth

Largo Physical Vanadium Corp. (LPV) has announced the appointment of Francesco D’Alessio as its new Chief Executive Officer, effective immediately. D’Alessio will be taking over from Paul Vollant, who will continue to serve on the company’s Board of Directors.

LPV’s Chairman of the Board, Jonathan Lee, expressed gratitude to Vollant for his contributions in launching and advancing LPV to its current stage. Lee also expressed excitement about D’Alessio’s appointment, highlighting his extensive experience in the vanadium and energy storage sectors. With over 15 years of expertise in metals sales and trading, including vanadium, as well as a strong background in clean energy storage sales, D’Alessio’s knowledge will be instrumental as LPV enters its next phase of growth.

Prior to joining LPV, D’Alessio served as the President of Largo Clean Energy Corp., where he oversaw the strategic review process to maximize the value of LCE, including its access to the innovative LPV structure. He was also actively involved in the sales strategy at Largo Inc., contributing to the company’s ongoing initiatives in the energy storage sector. D’Alessio’s experience includes co-founding SiderAlloys Intl. SA and serving as its Marketing and Sales Director, where he facilitated global sales and raw material sourcing channels. He also held the position of Global Sales Manager of vanadium products for EVRAZ East Metals.

D’Alessio’s appointment comes at a crucial time as LPV aims to provide a secure and convenient investment alternative for those interested in direct exposure to physical vanadium. Vanadium plays a vital role in achieving a greener world, particularly in industries such as steel, aerospace, and energy storage. It is non-degrading and fully recyclable when used as an electrolyte in vanadium redox flow batteries (VRFBs) and offers carbon-reducing attributes in steel alloying applications.

LPV’s strategy goes beyond vanadium acquisition, as the company aims to own and actively supply vanadium to end-users of VRFBs, further advancing the integration of renewable energy in long-duration storage. This approach not only helps LPV appreciate its vanadium holdings but also defrays the costs associated with using vanadium in VRFBs through the metal’s unique non-degradation characteristics.

LPV’s common shares are traded on the TSX Venture Exchange under the symbol “VAND.”

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