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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

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Post by ThaYodaon Nov 20, 2022 12:39pm
153 Views
Post# 35113817

2 new revenue streams approaching

2 new revenue streams approaching

The ilmenite stream coming in May and the VRFB stream coming soon. 

"Alex Jackson

That's helpful. And then the other one I had was just on the ilmenite plant. I was curious if you could provide any details on kind of a ramp-up time line? I know you've outlined that commissioning would be sort of complete in Q2. I was wondering if there's any sort of production that you might be able to provide us a cadence of production throughout next year.

Paulo Misk

Yes, ilmenite concentration plan is our first step of the titanium business. We expect to conclude that plan in Q2, specifically May. So you start we are expecting to have three, four months of hump up until reaching 145,000 tonnes of ilmenite being produced. As we are running about two years with a pilot plant at site with the current material that we have been mining, we have already trained our employees.

We have a very good knowledge on all the technical issues. So I'm in a very smooth commissioning and ramp up for this production. I think it's really material to start developing our titanium project, which will optimize the mining asset in Maracas."

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