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Tuesday, October 14, 2014 10:27:29 AM
The Maracás Menchen Mine is exceptionally high grade and high quality ore body. The vanadium is contained within a massive, titaniferous magnetite that has much higher grades in both V2O5 and iron content than any other vanadium project in the world. Further, and equally importantly, it has very low levels of contaminants, like silica (SiO2).
These unique features make extracting and processing the vanadium into its final saleable product much easier, significantly lowers the operating costs of production, and allows Largo to produce a substantially superior concentrate than other producers.
The cumulative benefits from the grade and quality of the ore and concentrate are so significant that Maracás will have a major cost advantage over worldwide producers.
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