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 > Green Metals: Focus on Vanadium

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Comment by kha341on Dec 04, 2020 6:47pm

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Post# 32042576

RE:Green Metals: Focus on Vanadium

kha341 wrote:

https://capital10x.com/green-metals-in-focus-vanadium/

Primary Vanadium Mine Production & Cost

Globally there are only three primary vanadium mines:

Campbell Pit (owned by Largo Resources)
Vametco (owned by Bushveld)
Rhovan (owned by Glencore)

Among the three global producers Largo Resources (TSE:LGO) has highest vanadium head grade and concentrate grade. Largo Resources head grade is 1.2% V205, double that of the next closest mine (Bushveld at 0.6% V205).

The high mining grades for Largo Resources translates to a very attractive cost positioning versus the global vanadium industry. The company is firmly in the first quartile of production cash cost within the industry at US$3.45-3.65/lb V205.