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 > battery contract

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Comment by kha341on Jul 22, 2021 7:39am

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Post# 33586620

RE:RE:RE:RE:RE:RE:RE:RE:battery contract

If the numbers were not cumulative then the total sales would be 3,000 MWh up to and including 2026. Meaning we would be leasing out about 63,000,000 lbs (~29,000 T) of V2O5 in 2026. And if 2027 (and subsequent years) had the same level of sales (1,400 MWh) as 2026 then at least all of our V2O5 production would be dedicated to VRFB from 2026 onward. Just a reality check.

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