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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

Post by zutfieon Dec 21, 2020 8:22am
176 Views
Post# 32151190

www.ferroalloynet.com:

www.ferroalloynet.com:
www.ferroalloynet.com: At the beginning of the week, the bullish mood of vanadium enterprises was high, and manufacturers and traders generally held a positive attitude towards the future development. Today, the transaction price of VN alloy is 140000-141000 yuan/ton, and the mainstream quotation is 142000-145000 yuan/ton by cash with tax. Today the price of VN alloy at Pangang is 146000 yuan / ton by acceptance with tax, increased by 5000 yuan / ton compared with last week.
 
Most downstream manufacturers said that it was still not easy to purchase V2O5 flakes, and manufacturers had fewer deliveries. At present, the quotation of a small number of V2O5 flake manufacturers have already reached 90000 yuan / ton by cash with tax, but the mainstream transaction price is still around 89000 yuan / ton. The acceptance of downstream manufacturers for high-price V2O5 flake becomes higher gradually, and the low-price transaction is reduced. In recent two weeks, vanadium market activity index continued to improve. But some manufacturers still keep a wait-and-see attitude, and they are more cautious to quote for sale.
 
www.ferroalloynet.com
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