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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

Comment by lucidvisionon Mar 08, 2021 11:54am
156 Views
Post# 32743473

RE:RE:RE:NOT an insignificant day!!!

RE:RE:RE:NOT an insignificant day!!!

esla wins energy storage contract with California utility

A Tesla logo hangs on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo

(Reuters) - Tesla Motors Inc said on Thursday it won a contract to provide a 20-megawatt energy storage system at a substation owned by California utility Southern California Edison Co SCE_pe.A.

The deal is part of Tesla’s effort to expand its business beyond electric vehicles into supplying batteries to store energy for homes, businesses and utilities.

The system, which will be one of the largest lithium ion battery storage projects in the world when completed, will be able to hold enough electricity to power 2,500 homes, Tesla said in a blog post on its website.

The project will be located at the utility’s Mira Loma substation in Ontario, California. Southern California Edison is a unit of Edison International.

Southern California officials were not immediately available for comment.

Reporting by Nichola Groom in Los Angeles; Editing by Matthew Lewis


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