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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.


TSX:LGO - Post by User

Largo Inc > Iron oresales vs Ti pigments
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Comment by st_estebanon May 08, 2021 1:49pm
109 Views
Post# 33160115

RE:RE:RE:RE:Iron oresales vs Ti pigments

RE:RE:RE:RE:Iron oresales vs Ti pigments
kha341 wrote:

If I recall correctly in one interview Paulomentioned that the current stockpile had a13% content of Ti.  He also said that the revenue from extracing Ti and creating pigmentswill be equivalent to the revenue that Largo generates from V.


 

 


1) Largo's iron ore product / stockpile is relatively low grade with elevated titanium content subject to penalties. So Largo can only sell it iron ore at a discount to the benchmark 62% Fe ( currently at ~US$190/MT as per Roskill)


2) Ti is not extracted from the iron ore stockpile. They come from 2 different tailings. Ilmenite/Ti is extracted from Non-Magnetic Tailings and Iron ore

from Leached Calcine Tailings. So selling the iron ore product / stockpile has nothing to do with extracting Ilmenite/Ti.






@ Kha - Thank you for the clarification.  If we are talking about two different tailings and the one that contains iron ore is basically iron ore then I agree 100% that we should sell the whole thing ASAP to take advantage of the high price.

This is the link to the video where Paulo mentions the content of Ti -check around 9:18 into it [it is about 1 year old]
https://www.paidpromotionalmessages.co.uk/companies/news/914235/largo-resources-ceo-talks-growth-plans-for-its--high-production-low-cost--maracs-menchen-mine-914235.html

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