Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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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Largo Inc > Global Vanadium Redox Battery Market Forecast

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Post by kha341on Jan 23, 2024 7:27pm

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Post# 35841989

Global Vanadium Redox Battery Market Forecast

The Global Vanadium Redox Battery Market, renowned for driving advancements in reliable and efficient energy storage solutions, has witnessed significant growth and is set to project robust expansion through 2028, according to a comprehensive analysis of the industry. The market, which held a valuation of USD 360 Million in 2022, is experiencing a compound annual growth rate (CAGR) of 22.1%, spurred by burgeoning demands for energy storage in the integration of renewable energy, grid stabilization, and the electrification of various sectors.