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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Metals & Mining Industrial Metals & Minerals
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

Largo Inc > VRFB's starting to take-off as predicted
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Comment by ceetongon Oct 03, 2022 9:43am
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Post# 35001258

RE:VRFB's starting to take-off as predicted

RE:VRFB's starting to take-off as predictedI wish it was true. However, it's a lone Twitter post coming from the probably worst performing executive in the energy storage business. Highly dubious IMO.

I'm afraid the Chinese use their own Vanadium only. They have abundant Vanadium bearing slag coming from their steelmaking blast furnaces that normally is just thrown away. In case they need vast amounts of Vanadium, they start extracting it from these slags. This is why the 800MWh Dalian project had very ilttle, if any, effect on Vanadium prices.

A few days ago Invinity reported H1-2022 revenues of GBP 1.4M. Just pitiful.
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