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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

Comment by kha341on Jan 25, 2023 11:48am
133 Views
Post# 35245320

RE:2022 production, 2023 guidance

RE:2022 production, 2023 guidance
Drhoho said "To continue as a successful mining operation, annual production @ Maracas has to be optimum in the 25 million pound or greater level, and, ideally, V2O5 market price be in the $US10.00/pound level or higher..."

There is a difference between production volume and sales volume.

2023 Production guidance = 11,000T - 12,000T (24.3M lbs - 26.5M lbs)

2023 Sales guidance = 10,300T - 11,300T (22.7M lbs - 24.9M lbs)


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