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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 zutfieon Jul 30, 2019 7:39am
101 Views
Post# 29973742

MB

MB

China drives European FeV prices higher; China V2O5 price up 3%

The rise in Chinese ferro-vanadium prices continued to be the principal driver for the European market in the week ended Friday July 26, pushing prices above $30 per kg.

Chinese, European ferro-vanadium prices continue to climb on improved sentiment V2O5 price in China moves up 3.1% amid tightness, but Europe lags behind US prices unchanged on quiet spot market. Despite the lack of transactions, the export price for ferro-vanadium in China continued its upward trajectory in the latest assessment on July 25, following the trend in the domestic market. Fastmarkets’ assessment of the export price for ferro-vanadium, 78% V min, fob China, was $36-38 per kg on July 25, up by 2.8% from $35-37 per kg in the previous week. Many Chinese ferro-vanadium exporters showed little interest in offering on the export market over the past week, with sparse buying interest from abroad and the Chinese price being more favorable than its European counterpart. “There were few inquiries from abroad this week, but even if there are some, we will not give any offers because it’s meaningless to do so amid the...


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