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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 kha341on Jan 18, 2022 10:29am
126 Views
Post# 34328227

MB: Largo Q4 production down 40% after heavy rains

MB: Largo Q4 production down 40% after heavy rains

https://www.metalbulletin.com/Article/4024262/Vanadium/Largo-Q4-production-down-40-after-heavy-rains-in-Brazil.html

 

          Largo Q4 production down 40% after heavy rains in Brazil

A summary of Canadian vanadium company Largo's production results for the fourth quarter and full year 2021, released on Monday January 17.

Operational results in the fourth quarter of 2021 were affected by heavy rainfall at the company’s Maracs Menchen operations in Brazil's Bahia state in November and December, Largo said. Quarterly vanadium pentoxide (V2O5) production was 2,003 tonnes in the fourth quarter of 2021, 40% down from 3,340 tonnes in the same period in 2020. Total V2O5 equivalent sales were 2,899 tonnes in the fourth quarter, a 16% decrease on the same period in 2020. ...

 



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