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 > Pricing

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Comment by kha341on Feb 13, 2021 2:44pm

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Post# 32562384

RE:RE:Pricing

LettinPoniesRun wrote: Euro 6.9 to 7.3 China unchanged 6.65 to 6.8

LPR, Many Thanks.

So we are now the US$7/lb range. Great !
Feb 12 -2021: Fastmarket MB Euro V2O5: Low = US$6.9/lb; High= US$7.3; Mid-price = US$7.1/lb representing 3.3% increase from last Friday US$6.875/lb.
Btw, at US$7.1/lb Euro V2O5 mid price represents 48% of Euro FeV mid price of US$32.6/kg.

kha341 wrote:

V2O5 is the main raw material for making FeV among other ingredients.

The mid-price of Euro Fev (80% vanadium) = US$32.6/kg.

At US$8/lb Euro V2O5 mid price would represent 54% of the Euro FeV (80%) mid price, a cost ratio which is unlikely to be accepted by the Euro FeV makers unless they raise the FeV mid price even higher. As per conventional wisdom, the range is between 47% - 50%....