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 > China = Net Import for V2O5 in Q1-24

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Post by kha341on Apr 26, 2024 10:42am

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Post# 36009310

China = Net Import for V2O5 in Q1-24

The following news and the fact that Chinese firm Panjin Hexian entered an off-take deal with Vanadium Resources of Australia to buy 4,000T/year of V2O5 point to a supply deficit in Chinese V2O5. Imho a global increase in V2O5 prices is to be expected.

China Became The Net Import Country For V2O5 Again

www.ferroalloynet.com: In Q1 2024, China imported about 1040.364 tons vanadium pentoxide (V2O5) according to China Customs, and down by 23.5% compared with import of 1360 tons in Q1 2023 but higher again than the export data of 798.239 tons again in Q1 2024.