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... see more

Add To Watchlist

TSX:LGO - Post Discussion

Largo Inc > Calculated the cumulative increase in V demand

View:

Post by ThaLuvDocta on May 23, 2024 8:00pm

Calculated the cumulative increase in V demand

The IMF suggested that vanadium demand would increase by over 8 times by 2050. Based on what Kha said, it only took a small amount of extra demand for V prices to go high in 2018. An 8.2 times increase in V demand by 2050 would require 8.4% Vanadium demand growth annually until 2050 to reach the IMF's target. But 8.4% annually could send V prices quite a bit higher and offset weakness from China steel.

175