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Largo Inc LGO


Primary Symbol: T.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 Christopon Oct 28, 2024 4:56pm
100 Views
Post# 36285777

RE:RE:Bushveld production halted.

RE:RE:Bushveld production halted.From what I see production has not been halted.
Bushveld Minerals Ltd - vanadium producer operating the Vanchem and Vametco processing facilities in South Africa - Withdraws its full-year production guidance for 2024 following "liquidity issues". The company previously forecast group production between 3,800 and 4,000 metric tonnes vanadium, which represented a year-on-year reduction of 400 mtV, but now "finds itself in a position whereby it is unable to continue operating at current production levels". It has begun a controlled slowdown of production at its Vametco facility, the duration of which depends on the receipt of further funding from the sale of its Vanchem facility earlier this year. Bushveld Minerals will address the impact on production guidance in more detail in its third-quarter update at the beginning of November.
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