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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 Clipper2on Aug 16, 2021 8:42am
164 Views
Post# 33708887

RE:?Titanium, Iron ore, Sodium metallurgy ?

RE:?Titanium, Iron ore, Sodium metallurgy ?
Drhoho wrote: So much involved in element separation in mining an ore body.  For LGO it's Vanadium initially, followed by announced Titanium plans from its tailings, and recent Sodium contamination in its Iron ore from its tailings making the Iron ore for some reason unusable. Is it possible to separate and extract the Sodium to make the Iron ore usable in China, Brazil and everywhere? Those who have followed my posts know that I have raised the Alberto Arias and Lee Cooperman significant share positions in LGO and Sierra Metals (SMTS), which the latter this morning announced  on their website and in a SEC 6-K filing adding Iron ore in their tailings to the Gold, Silver, Copper in their Bolivar, Mexico mine production. Very detailed production and financial news release. I suggest LGO release a detailed metallurgical report of their planned tailings management for me and all to understand. 


Hi doc
That's the exact same question I was going to offer this morning.
The Largo tailings are more than 2m metric tonnes, and according the my calculations would cover a football field and would be almost 600ft high.

From Q1-21 Financial Report.
On March 18, 2021, the Company announced that its Board of Directors had approved the construction of a new ilmenite concentration plant. The new plant is expected to be ready for its intended use in early 2023 and will have a capacity of approximately 150,000 tonnes of ilmenite concentrate per annum. The advanced engineering and construction of the ilmenite concentration plant is expected to cost approximately $25,200 with the majority of the costs being incurred in 2022.

Could they use the same plant to extract the sodium from the tainlings, and kill 2 birds with one stone?  It would probably cost a few extra million dollars to do that, but would be a good investment in the long run.
I never did like the idea of them building a ilmenite plant, but I would definately be in favor of a sodium/titanium extraction plant.
GL

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