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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 Drhohoon Nov 13, 2021 6:57pm
136 Views
Post# 34123904

RE:Four new energy storage projects for California

RE:Four new energy storage projects for CaliforniaClipper, the CCCE announcement states that 3 of the 4 battery installations in California will be VRFB for a total of 218 Mwh. Installation would be by 2026. I would not be at all surprised to learn that these are LGO projects. The language stated for long duration usage seems to me to be right out of the LCE playbook, and LGO having stated, I believe, their going after California proposals, makes me hope for a positive LGO 2nd battery news release. 218 Mwh @ ~9 tonnes/Mwh would require ~2,462 tonnes of V, less than one quarter of current annual LGO Maracas production. If this proves to be a LGO LCE successful accomplishment,  by 2026 many more equal or more VRFB Mwh announcements would be easily supported by Maracas production. I would think that end users for a long term project would be influenced by LGO's vertical integration as the most reliable of VRFB choices.
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