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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 geezer321on Jan 19, 2013 12:26am
241 Views
Post# 20860119

China's Fixed Mining Investments

China's Fixed Mining Investments

https://www.mining.com/stats-chinas-fixed-investment-in-mining-is-putting-the-rest-of-the-world-to-shame-66067/

STATS: China's fixed investment in mining is putting the rest of the world to shame

Frik Els | January 18, 2013
Onwards and upwards

According to the National Bureau of Statistics of China the country's fixed-asset investment in the mining industry reached $211 billion (CNY 1,312.9 billion) in 2012, an increase of 11.8% over 2011.

Fixed-asset investment in coal mining – China is the world's number one producer and importer of the commodity – was up 7.7% year on year to $85 billion.

Capital expenditure in the ferrous metal mining industry raced ahead 23.7% last year to $24.6 billion.

This figure is in contrast to a 2% contraction in the steelmaking industry – the only sector in the country showing a decline in fixed asset investment.

The growth in steelmaking raw material projects were only outpaced by an increase in non-metal mining of 26.3% to $26.2 billion.

Bullboard Posts