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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 ThaLuvDoctaon Mar 20, 2024 1:30am
85 Views
Post# 35942183

RE:AsianMetal = Another Red day

RE:AsianMetal = Another Red dayGood thing Largo is ramping ilmenite up to 150kt. This low-cost revenue should prove useful at mitigating losses aside from the planned headcount reductions. Largo simply needs to survive until V demand recovers, and we've seen that the company is more likely to take out loans than dilute at these low SP levels. If the partnership goes through, a high volume energy solutions provider will be a strong, non-Chinese buyer of Largo Vanadium. Also, there's the prospect of a "significant" PGM discovery that would piggyback off Largo's V operation (lowering costs), like ilmenite. Time will tell; hopefully we get a feasibility study soon. All I'm saying is that there's no shortage of potential catalysts in the near future. 
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