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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 Endorseon May 12, 2012 7:09am
325 Views
Post# 19902109

Come what May

Come what May

I wonder if the hold up is about the offtake agreement with Glencore.  Possibly the Brazilians wan't a piece of the action at a discount for their steel industry.  According to the off-take agreement would they have to buy from Glencore?

May 14, 2008

 

LARGO RESOURCES AND GLENCORE INTERNATIONAL ENTER INTO

OFF-TAKE AGREEMENT FOR THE MARACAS VANADIUM PROJECT (BRAZIL)


- Glencore is one of the worlds largest participants in the vanadium market - Off-take agreement for all vanadium products produced at Maracas for the first 6 years of commercial production with a renewable option for a further 6 years - Partnership represents significant milestone and validation of the exciting potential of the Maracas Vanadium project

 

Bullboard Posts