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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

Bullboard Posts
Post by member321on Apr 14, 2011 4:28am
294 Views
Post# 18428996

Glencore IPO

Glencore IPO
, On Thursday April 14, 2011, 3:28 am EDT

By The Associated Press

GENEVA - Privately-held commodities trader GlencoreInternational has formally announced its intention to float part of itsstock for up to $11 billion next month.

Glencore's plan to publicly sell 15 to 20 per cent ofits stock on the London exchange would value the company at up to $60billion.

The Baar, Switzerland-based company has a major share of the global trade in raw materials such as coal, copper and corn.

Glencore says it expects to become only the third company ever to enter the FTSE 100 on the first day of trading.

The company said Thursday it will propose former BPchief executive Tony Hayward for a senior role on its board alongsideexisting CEO Ivan Glasenberg.

Glencore's IPO is expected to net financial advisers as much as $400 million in fees.

Bullboard Posts