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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.


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Post by EnglishTickleron Jul 26, 2021 12:48pm
145 Views
Post# 33604749

Largo’s V2O5 output up by 20%; sales rise on firm demand

Largo’s V2O5 output up by 20%; sales rise on firm demand

AT A GLANCE: Largo’s V2O5 output up by 20%; sales rise on firm demand

A summary of Canada-based vanadium producer Largo Resources' production results for the second quarter of 2021 released on Wednesday July 21.

In brief: Largo Resources reported a 20% increase in vanadium production at its mine in Brazil in the second quarter of 2021. Total V2O5 equivalent sales were 3,027 tons in the second quarter of the year, compared to 1,018 tons in the same period in 2020. Largo attributed the sales growth to tight vanadium availability coupled with strong demand which has also led to continued price increases since the start of 2021. Commissioning of vanadium trioxide (V2O3) processing...

https://www.metalbulletin.com/Article/3999561/Search-results/AT-A-GLANCE-Largos-V2O5-output-up-by-20-sales-rise-on-firm-demand.html


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