US Vanadium and Largo Resources split $125 million Pentagon vanadium deal
War Contracts

US Vanadium and Largo Resources split $125 million Pentagon vanadium deal

The Defense Logistics Agency awarded the five-year sole-source contract for vanadium pentoxide, supplying all military branches through 2031.

The Defense Logistics Agency awarded the five-year sole-source contract for vanadium pentoxide, supplying all military branches through 2031.

Richard Miniter
By
First Published: July 2, 2026, 1:52 PM EST

US Vanadium LLC and Largo Resources USA Inc. will share a maximum $125 million Defense Logistics Agency contract for vanadium pentoxide, the Pentagon disclosed on June 30, 2026.