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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 May 14, 2024 4:33pm
67 Views
Post# 36039641

RE:Calmac9sh

RE:Calmac9sh
To date, Largo’s  two-pillar strategy has turned out to be a failure amid a continuous decline in V prices, an unbearable increase in costs and LCE’s inability to sell more than a small battery since its inception 3 years ago (without even recording a single penny of revenue). Due to declining revenue and increasing costs the mining pillar is struggling to survive, let alone trying to support the expensive slow-moving energy storage pillar.
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