Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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.

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Largo Inc

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Comment by lucidvisionon Oct 15, 2019 10:29am

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Post# 30231314

RE:RE:RE:RE:Record Q3 Production 2952mt

SIGNIFICANT PRODUCTION
Record V₂O₅ 17% over Q2 2019 and 15% over Q3 2018

TOP RECOVERY RATES
The Company expects global V₂O₅ recovery rates² to average approximately 79.0% in Q4 2019. Global V₂O₅ recovery rate² of 78.1% in Q3 2019 compared to 79.1% in Q2 2019 and 77.1% in Q3 2018

OPERATING COSTS LOWERED !
Average annual cash operating costs guidance lowered to US$3.30 to $3.40 per pound of V₂O₅; Production guidance maintained

WORKING ON ‘EXPANDING’ THE FUTURE…FAST ( INSTEAD OF MAKING ‘NOISE’ – LIKE MOST OTHER MINING OUTFITS)
Expansion project in final stages of commissioning; Expected to conclude in October 2019 YES October 2019

BONUS VALUE
Less salary for executive

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