Largo Inc T.LGO

Largo taking advantage of its commercial independece

[st_esteban]

For Q3 we saw one of the benefits that largo has with its new freedom to sell wherever it wants its Vanadium and taking advantage of better prices in China.

Based on the import numbers for V2O2 in china for the months of Oct and Nov, it seems that Largo continues to take advantage of this freedom.

for Oct China imported the following from Brazil:

Origin	QTY (KG)
Brazil	280,000

For Nov:

Origin	QTY (KG)
Brazil	620,000

the numbers for Dec will come out in January

[kha341]

Don’t know if these AsianMetal data are related to Largo or not but every single column associated with the Brazilian flag is green. Noticeably, as of 2020-12-29, the prices of V2O5 Flake min 98% exported from Brazil to China have increased 12.32% in the last 60 days.

[st_esteban]

They have to be related to Largo since Largo is the main (only?) exporter from Brazil. Based on the last CC Q&As it seems that any number reported in relation to Brazil corresponds to Largo. Ernest Cleave "... the public records of imports into China in September showed that China imported a total of 1,300 tonnes of vanadium products out of which 580 came from Brazil, so from us"

[jcw604]

Thank you for the information. Where did you get it?

[st_esteban]

The links were included as part of new posts on the same tread.  Please read the other posts