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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 kha341on Jun 25, 2021 2:08pm
182 Views
Post# 33451368

RE:RE:RE:RE:RE:LPR, we need you

RE:RE:RE:RE:RE:LPR, we need you
Theturk12 wrote: Maybe Largo's sales team is selling V2O5 real cheap to gain market share??


Largo is known for the highest grade V deposits in the world. How difficult is that to gain market share? 

My guess is that despite the top quality grade of our V products the majority of the 2,783T of V2O5 equivalent delivered in Q1-21 were sold as V2O5 standard Bulks (Bulk price = Standard spot price minus a quantity discount). Not much was sold even at standard spot prices. Not much was sold with a High Purity premium. Not much was sold as FeV. At least not enough to offset the quantity discount associated with Bulk prices.


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