Thursday, August 02, 2018 8:19:15 AM
Matthew Bohlsen | August 01, 2018 | No Comments
Largo Resources Ltd. (TSX: LGO | OTCQX: LGORF) is a Toronto-based strategic mineral company focused on the production of vanadium flake, high purity vanadium flake and high purity vanadium powder. The Company’s focus is on their 99.84% owned open pit Maracás Menchen Mine located in Bahia State, Brazil. The property totals 17,690 hectares and has excellent access to the national electricity grid and access from Salvador via a paved 405 km secondary road connected to the main coastal highway. The town of Maracás has a population of approximately 25,000.
Vanadium is traditionally used to harden steel. China’s recent regulations that require stronger steel rebar, is pushing the demand for vanadium required in the hardening process. CEO Mark A Smith explains: “I think the best thing to think about vanadium is rebar, because that’s where 50% of the vanadium is used today. Rebar is of course used to strengthen buildings, roads and bridges, and give them much better seismic strength.” The trends in the steel industry, are now demanding increasingly stronger and lighter products for advanced applications. Vanadium demand has a compound annual growth rate of over 6% for the past several years; however recently vanadium has become a burgeoning commodity.
Read more at:
https://investorintel.com/sectors/technology-metals/technology-metals-intel/largo-resources-intends-to-expand-vanadium-production-by-25-starting-june-2019/?utm_source=InvestorIntel+General+Email+List&utm_campaign=12f25b72ab-INVESTOR_INTEL_DAILY_RSS&utm_medium=email&utm_term=0_e78262a875-12f25b72ab-46124525
Recent LGO News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/19/2024 04:59:07 PM
- Largo Appoints Francesco D'Alessio as Chief Commercial Officer to Lead Realigned Sales Strategy • Business Wire • 09/18/2024 09:05:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/19/2024 12:09:05 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 08/16/2024 11:01:18 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/13/2024 09:29:19 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/08/2024 09:05:11 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/30/2024 12:29:41 PM
- Largo to Release Its Second Quarter 2024 Financial Results on August 8, 2024 • Business Wire • 07/30/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/29/2024 09:29:32 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/29/2024 09:00:09 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/17/2024 11:51:17 AM
- Largo Announces Second Quarter 2024 Production and Sales Results; Focus on Improving Operational Throughput Continues • Business Wire • 07/17/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/03/2024 09:20:34 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 03:18:59 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/10/2024 01:25:35 PM
- Largo Announces a Proposed Joint Venture with Stryten Energy to Bring Innovation and Scale to North American Vanadium Flow Battery Market • Business Wire • 03/18/2024 09:05:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 09:17:15 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/23/2024 02:58:41 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/18/2023 01:24:38 PM
- Largo Provides Update on the Ongoing Exploration Program Surrounding its Maracás Menchen Mine in Brazil • Business Wire • 12/18/2023 01:08:00 PM
- Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil and Validation of its 6 MWh Vanadium Redox Flow Battery to Operate on Test Conditions in Spain • Business Wire • 11/08/2023 10:17:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 10:05:10 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/06/2023 10:05:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/31/2023 05:20:59 PM
- Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery; Production and Cost Guidance Remains Unchanged • Business Wire • 10/17/2023 09:46:00 PM
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