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 kha341on Apr 06, 2021 3:59pm

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Post# 32943376

RE:RE:RE:RE:RE:Bushfield’s Fortune

Clipper2 wrote:
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.

What is Nitrovan? Nitrovan is just one of different FeV products. Vanadium Pentoxide (V2O5) is the main raw material used in the making of all FeV products (including Nitrovan). The V2O5 content in Nitrovan is 78 - 82% (see table below).

For argument's sake let’s say that the Bushveld Nitrovan has the maxium 82% of V2O5 in it.

So 4,000 tonnes of Nitrovan annually = 3,280 tonnes of V2O5 annually ( = 4,000 x 82%) to compare apples to apples with Largo’s 12,000 tonnes of V2O5. An even bigger gap.