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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
Comment by cult_of_frankon Feb 05, 2015 11:02am
134 Views
Post# 23399133

RE:V2O5 down again...not good.

RE:V2O5 down again...not good.Yikes. Hopefully it doesn't last too long. Not that I wish any ill on the people of South Africa, but given that they produce about a quarter of V supply and mines are large consumers, it may reverse sooner than I expected.

https://www.fin24.com/Economy/Brace-for-more-load-shedding-says-Eskom-20150205

Load shedding is what you do to keep generators running at a safe level when there is more demand than supply in the electrical grid. In the industrial world, that would mean taking non-critical parts of the process offline first, and then if you need to shed more loads, taking semi-critical parts, and then if you still need to shed more, all but emergency loads until finally you reach the blackout stage.

In the transmission/distribution world, load shedding is usually called rolling blackouts, where they split the amount able to be generated around the country zone by zone to try to maintain a fair distribution. So at the minimum, the cost to produce V will have increased significantly since they will have to produce enough on-site energy to keep the machines running. If they depend on grid-parallel operation, they may not have enough generation on-site to do so and have to do some load-shedding on site also. If they don't have generators (which would be a bad idea in a country with the infrastructure problems of S Africa) then they don't likely have a choice. 

In other words, I see a sharp drop off in supply pretty quickly here.






Bullboard Posts