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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 Oct 27, 2023 11:21pm
195 Views
Post# 35705359

Vanadium batteries could be key to solar revolution

Vanadium batteries could be key to solar revolution

https://www.thenewdaily.com.au/life/science/environment/2023/10/28/australian-vanadium-battery-revolution


Vanadium batteries’ sustainable energy hailed as key to solar revolution


Vanadium could be the answer to using solar and wind round the clock, silencing critics who say they’re useless when the sun doesn’t shine and breeze isn’t blowing.

Marion Rae

28 Oct, 2023


Excerpt


So-called flow batteries may be more expensive up front but last for decades, don’t catch fire and can store and dispatch sunshine for 10 to 18 hours.

In contrast, rows of lithium-ion batteries springing up around the country are handy backup to meet peak energy demand for a few hours at a time.

Australia has vast reserves of vanadium but most of the world’s supply is sourced from China, Russia and South Africa and goes into making steel alloy.

That is rapidly changing as allies eye the potential of an end-to-end chain – from mine to electricity grid – in Australia.

Chief commercial officer Matt Harper at Invinity, the British company behind the southern hemisphere’s largest vanadium flow battery, told AAP the company is in talks with local developers to use Australian vanadium within two to four years.

“Lithium batteries have done a great job at showing many problems on the grid can be solved by batteries,” he says.

’24 hours a day’

“We want to be able to take solar power and make it available 24 hours a day.”

In coming years, Invinity aims to use the technology with vanadium that is mined in Australia and manufacture for the domestic market.

Because the technology is built around vanadium that is suspended in the electrolyte, a solution inside the battery, it doesn’t require giga-factories to make them.

“We are definitely looking at doing that in-country,” Mr Harper says.

He says blending the vanadium into the liquid electrolyte is an intermediate step that could also be done in Australia.







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