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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 Theturk12on Aug 13, 2021 2:48pm
94 Views
Post# 33701856

RE:RE:PURCHASING VANADIUM

RE:RE:PURCHASING VANADIUMCould it be that Largo is setting aside it's high grade v2o5 or at least a good portion of it, and replacing the set aside amount with bought in V hence the lower price obtained and the comment by EC regarding the lower margin from bought in V.

They need a lot of V for the battery business and only the highest grade will do. Substitute market bought V to replace what they are holding back. Anyway something is up and as usual they are not be clear to us the shareholders.
 
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