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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 Sep 30, 2022 4:33pm
144 Views
Post# 34998499

Catching Up To Do On Critical Energy Minerals

Catching Up To Do On Critical Energy Minerals

https://www.forbes.com/sites/davidblackmon/2022/08/18/the-us-has-a-lot-of-catching-up-to-do-on-critical-energy-minerals/?sh=24a867202e48


The U.S. Has A Lot Of Catching Up To Do On Critical Energy Minerals


Today, it’s time to write about another critical mineral resource that has received scant attention thus far, despite the promise it holds for a seeming step-change ahead in battery technology: Vanadium. In a truly remarkable story at NPR earlier this month, writers Laura Sullivan and Courtney Flatt detail the saga of a design developed in a U.S. government lab for a vanadium redox flow battery that appears to hold great promise in dramatically improving battery storage efficiency and longevity.

According to the NPR story, “The batteries were about the size of a refrigerator, held enough energy to power a house, and could be used for decades. The engineers pictured people plunking them down next to their air conditioners, attaching solar panels to them, and everyone living happily ever after off the grid.”

The story quotes one of those engineers, Chris Howard, as saying "It was beyond promise. We were seeing it functioning as designed, as expected." It seemed as if the proverbial great leap forward in battery technology that has always been just a few years in the future for about the last 30 years was finally within reach, and right here in the United States. But, as a result of a saga of decisions made across the last three U.S. presidential administrations, the vanadium redox flow battery is now being made not in America, but in China.
Howard was an employee of a U.S. company called UniEnergy Technologies, a company formed by the lead scientist on the government project named Gary Yang, who applied for and received a license to manufacture the batteries in the U.S. from the Obama Administration in 2012.

 


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