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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

Post by kha341on Jan 17, 2022 7:55am
149 Views
Post# 34323544

Q4 Production not that bad considering abnormall rainfall

Q4 Production not that bad considering abnormall rainfall

Q4-21 Production = Lower than Guidance due to abnormally elevated levels of rainfall in November and December.


2021 Production Guidance = 11,400 - 11,800. Mid = 11,600 tonnes

Actual 2021 Production = 10,319 tonnes =  1,081 tonnes or 9.5% below lower-end production guidance. 

Actual Q4-21 Production = 2,003 tonnes = 1,257T or ~38% lower than Q3-21,  1,067T or ~35% lower than Q2-21 and about the same as Q1-21 (which was impacted by a planned shut-down).





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