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 > Bushfield’s Fortune

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Comment by Clipper2on Apr 06, 2021 2:52pm

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Post# 32942979

RE:RE:RE:RE:Bushfield’s Fortune

kha.

Largo and Bushveld report their production differently.

Largo report production in tonnes of vanadium pentoxide (V2O5)

and

Bushveld report production in mtv (metric tonnes of vanadium) in the form of Nitrovan.

https://www.nitrovan.co.za/

For the sake of simplicity let's round off the production numbers.

Largo V2O5 12,000 tonnes.

Bushveld 4,000 tonnes reported as MTV.

Obviously a 3-1 ratio but it does not compare apples to apples.

The Bushveld/Largo production comparison has been discussed on the Bushveld bb many times. Here is one of the posts which kind of sums up the comparison. Please note that "alfacomp" is the expert on the Bushveld bb and he started/maintains the "Bushveld
Perspective" website.

From the Bushveld bb.
The following post used a Largo production of 10,000mt of V2O5

Typhoon dec 29

I'm fairly sure that Alfacomp pointed out a while back that BMN production numbers are for vanadium only (ie mtv = metric tonnes of vanadium), whereas Largo quote weight of V2O5. I recall that he also said that V2O5 contains just 56% vanadium by weight (oxygen taking the other 46% weight), which makes Largo's annual vanadium production ca 5,600mtv.

For comparison with companies that report V2O5 production (eg Largo) you need to multiply their mt production figures by 0.56 to get mtV figures because V2O5 is only 56% Vanadium by weight.