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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 Apr 21, 2022 9:31pm
184 Views
Post# 34622530

Why VRFB will be the future of grid-scale energy storage

Why VRFB will be the future of grid-scale energy storage

https://blog.siecap.com.au/why-vanadium-redox-flow-batteries-will-be-the-future-of-grid-scale-energy-storage?utm_content=183917124&utm_medium=social&utm_source=linkedin&hss_channel=lcp-6624746


Key conclusions

Lithium-ion batteries are ideal for mobile energy storage systems and applications and will continue to play an important role in slowing climate change. But in terms of stationary applications at grid scale, there is more than one solution.

Vanadium redox flow batteries are a safe and effective choice for longer duration storage over 4 hours where energy is discharged every day, whilst li-ion batteries are more suited to store up to 4 hours of energy 50 times per year.

VRFBs are cost-effective, recyclable and non-flammable, eliminating the risk of dangerous events like the Tesla lithium-ion battery fire in Victoria this year. As demand for renewable energy grows, demand for VRFBs will grow, lowering costs and facilitating a safe and effective path to net zero carbon emissions as we approach 2050.


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