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 > V2O3 production

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Post by st_estebanon Jan 20, 2021 10:54am

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Post# 32333385

V2O3 production

Construction of v2O3 plant started in 2020
"The Company expects to complete the construction and subsequent ramp up and commissioning of its V₂O₃ plant in Q3 2021.

One of the main applications of V₂O₃ is vanadium electrolyte, which is required in the manufacturing of VRFB systems. The Company expects its V₂O₃ nameplate production capacity will be 14 tonnes per day (or 420 tonnes per month), an increase of 100% from the 7 tonnes per day as originally planned."

This translate into about 5k tonnes of V₂O_{3

I would like to see how this will translate in terms of revenues/profitability
Als I assume that since we will produce so much V₂O_{3 this will reduce the amount of V₂O₅}}
for 2022

What are your thoughts?

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