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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 Clipper2on Jul 05, 2022 7:36am
211 Views
Post# 34801114

Encouraging

Encouraging
https://www.zhitongcaijing.com/content/detail/749830.html

Stocks mentioned.

https://www.futunn.com/en/stock/300080-sz

https://finance.yahoo.com/quote/EH/

https://finance.yahoo.com/quote/600320.SS?ltr=1

https://finance.yahoo.com/quote/0956.HK/

https://ca.finance.yahoo.com/quote/000629.SZ?p=000629.SZ&.tsrc=fin-srch

On July 5, vanadium battery concept stocks continued to soar, Panzhihua Iron and Steel Vanadium Titanium (000629.SZ) 3-joint, Yicheng Xinneng (300080.SZ) rose more than 10%. Guotai Junan believes that the demand for vanadium batteries will increase rapidly with the rapid growth of the energy storage industry, and the demand for vanadium products will show explosive growth in the future.
Zhitong Finance APP was informed that on July 5, vanadium battery concept stocks continued to soar, Panzhihua Iron and Steel Vanadium Titanium (000629.SZ) 3-joint plate, Yicheng Xinneng (300080.SZ) rose more than 10%. Guotai Junan believes that the demand for vanadium batteries will increase rapidly with the rapid growth of the energy storage industry, and the demand for vanadium products will show explosive growth in the future.
 
In the news, on June 15, as the first national-level large-scale chemical energy storage demonstration project approved by the National Energy Administration, the Dalian Flow Battery Energy Storage Peak Shaving Power Station is currently undergoing the final battery cell commissioning and system commissioning stages. It will be officially put into commercial operation in August this year. The National Energy Administration solicited opinions on June 29, saying that ternary lithium batteries and sodium-sulfur batteries should not be used in medium and large electrochemical energy storage power stations.
 
What is a vanadium battery? Zheshang Securities pointed out that the full name of vanadium battery is Vanadium Redox Battery (VRB), which is a kind of flow battery. Sulfuric acid electrolyte with different valence of vanadium ions. According to the different active materials in the electrochemical reaction, flow batteries can be divided into vanadium flow batteries, zinc-based flow batteries, iron-chromium flow batteries, etc. Among them, the all-vanadium redox flow battery has the advantages of long life, large scale, safety and reliability, and has become the preferred technology for large-scale energy storage. application prospects.
 
In terms of cost, according to the forecast of IRENA, the international renewable energy agency, the total installation cost of flow batteries can be reduced by two-thirds by 2030. According to its published data, in 2016, the total installation cost of all-vanadium flow batteries was US$315/kWh, which is expected to drop to US$108/kWh by 2030, while the total cost of all-vanadium flow batteries is not expected to exceed $360/kWh.
 
In terms of installed capacity, according to the forecast made by the New Energy Research Institute (GGII) in 2021, the installed capacity of domestic all-vanadium redox flow batteries is expected to exceed 1GW in 2025. Guotai Junan also said that based on the 1GW vanadium battery needs 5,500 tons of vanadium, it is estimated that the newly installed vanadium battery will be 4GW in 2025, and the new demand for vanadium batteries will be 22,500 tons, which is equivalent to the vanadium battery market size in 2020. 4 times.
 
Minsheng Securities Research Report shows that benefiting from the explosive growth of the energy storage field, vanadium batteries more suitable for large-scale energy storage are on the eve of large-scale industrialization. With the development of energy storage and the improvement of vanadium battery performance, The penetration rate of vanadium batteries in the energy storage industry will rise rapidly.
 
Related concept stocks:
 
Panzhihua Iron and Steel Vanadium Titanium (000629.SZ): The company signed a cooperation agreement with Dalian Borong and others to invest in the construction of a national demonstration project of Dalian flow battery energy storage peak-shaving power station, which is the first national large-scale large-scale project approved by the National Energy Administration. The chemical energy storage demonstration project is expected to be officially put into commercial operation in August this year.
 
Yicheng New Energy (300080.SZ): The company's all-vanadium redox flow battery project is prepared and constructed by Kaifeng Times New Energy Technology Co., Ltd., a subsidiary of Yicheng New Energy. The project has completed the filing and EIA procedures; the bipolar plate project has now The pilot test has been completed, and the project filing procedures are being improved. The construction period of the project is 7 months and the total investment is 194.2165 million yuan. After the project is completed, the production scale of all-vanadium redox flow battery stacks of 300MW/year can be realized.
 
State Grid Yingda (600517.SH): The company stated on the interactive platform that the company has landed the "Comprehensive Energy Project (including vanadium battery energy storage)" project for the new charging tower on the west side of Hankou Railway Station this year, and is currently promoting other related energy storage. Preliminary work on the project.
 
Hegang Co., Ltd. (000709.SZ): The company has the independent intellectual property rights of vanadium electrolyte manufacturing technology, and has built an all-vanadium flow battery energy storage demonstration project, which realizes the conversion of photovoltaic power generation and vanadium battery energy storage into direct current and alternating current through equipment. application.
 
Shanghai Electric (601727.SH, 02727): The company invested in the construction of the first grid-side shared lithium battery energy storage power station in China, and the self-developed MW-class containerized all-vanadium flow battery energy storage system successfully won the bid of 450,000 kilowatts Wind farm supporting flow battery energy storage project.




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