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Bullboard - Stock Discussion Forum
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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TSX:LGO - Post Discussion
Largo Inc
> V price plagues V producers
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•••
ceetong
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Post by
ceetong
on Feb 05, 2024 5:22pm
V price plagues V producers
Largo is losing money for quite a while but V prices keep falling further. Bushveld already is at a point where it
"had to suspend critical suppliers' payments and postpone some maintenance projects"
. Now, without "critical supplies", how are they supposed to continue production? One would think the expectation of supply constraints
would help prices but nada. Exactly the opposite happened, Vanadium prices have hit their lowest level in more than 3 years.
(34)
•••
ThaLuvDocta
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Comment by
ThaLuvDocta
on Feb 06, 2024 9:49am
Best time to buy. I'm sure you secretly agree
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