Largo Inc.
Largo is a global leader in manufacturing high-quality vanadium products. Our vanadium products also help lower the carbon footprint across the entire steel value chain in multiple applications. We are also focused on our our U.S.-based clean energy business with advance VRFB technology.
It is not by chance that Largo has become the world’s leading name in vanadium – it is the result of a total commitment to meet and exceed expectations of each individual customer.
“Largo’s business is focused on making a difference for the people we serve around the world – our customers, investors, employees, and the communities in which we operate.”
Largo’s clean energy business.
Largo has commenced a comprehensive and thorough review of strategic alternatives to accelerate and enhance the distinctive value proposition its clean energy business presents for vanadium batteries and the long duration energy storage sector.
Largo believes several strategic opportunities exist in the market today that would benefit from Largo Clean Energy’s unique characteristics, and a formal process for comparing these alternatives is expected to deliver maximum value for all shareholders in a timely manner. These characteristics include: i) LCE’s access to the innovative Largo Physical Vanadium Corp. (TSXV:VAND, OTCQX:VANAF) structure, which is expected to significantly reduce vanadium battery costs for customers, ii) LCE’s U.S.-based manufacturing capabilities, which may be eligible for significant fiscal incentives, grants and benefits, and iii) LCE’s patented vanadium flow battery stack technology and electrolyte purification technology
Largo believes the strategic review process could also accelerate the prospects for deployment of vanadium units owned by LPV in batteries, which it considers provides a major improvement in the cost-competitiveness of LCE against other battery technologies and other vanadium flow battery competitors.
One of the world’s most advanced vanadium redox flow battery system.
Innovative stack design & electrolyte purification
Our patented purification process addresses several technical barriers in typical VRFB systems leading to true cost advantages.
Superior & modular system design
Unlike competing battery technologies, the VCHARGE system’s energy and power modules are housed in separate containers.
Durability advantage
Long-duration applications require technology that can withstand various environmental factors over long periods of time. The VCHARGE system’s steel container design provides robust protection from weather, UV degradation and vandalism. We have performed extensive material testing to prevent stack degradation in long-duration applications cost advantages which results in significant cost advantages.
One of the safest battery solutions
The VCHARGE battery system technology has been proven safe for use in urban applications in proximity to adjacent structures and densely populated areas due to its inherent non-flammability. It is one of the leading technologies in long duration energy storage applications because it is intrinsically safe, with no fire risk from thermal runaway.
Thermal runaway occurs when current flowing through a battery on charge or overcharge causes temperatures to rise, further increasing the current output and temperature, which eventually results in fire. Thermal runaway is a significant risk in solid-state batteries, such as lithium-ion applications.
The electrolyte solution used in the VRFB is non-volatile – it is neither flammable, nor explosive as a result of its high water content, which offers a high degree of operational safety compared to other battery energy storage systems. The inherent non-flammability of the water-based electrolyte used in VRFBs makes them ideal for deployment in densely populated areas, airports, schools, and wooded areas where mitigating the safety risk caused by fire and smoke is paramount.
VPURE™
VPURE™ and VPURE™+ are industry preferred vanadium products produced from one of the world’s highest-grade vanadium deposits. We have a proud of history of proven product quality.
Our products are ideal for use in master alloying, various steel applications, chemicals/catalysts and VRFBs. We have a proven track record of operational excellence at the Maracás Menchen Mine, which provides our customers with a reliable source of vanadium supply.
VPURE™+ Flakes are high purity vanadium flakes with a guaranteed vanadium content of 99.0% and a typical vanadium content of 99.5%.
VPURE™+ Flakes are mainly used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.
Approved by all major master alloys producers.
About the Maracás Menchen Mine
The Maracás Menchen Mine boasts one of the highest-grade vanadium resources in the world and Largo is one of the lowest-cost primary producers of vanadium in the world. The Maracás Menchen Mine property totals 17,690 hectares and is located in the eastern Bahia State of Brazil. The mine is roughly 250 km southwest of Salvador (capital of Bahia) and 813 km northeast of Brasilia (capital of Brazil). The Maracás Menchen Mine has excellent access by road from Salvador to the mine via 405 km of paved secondary road from the main costal highway in Bahia and via a direct project access road of about 50 km west of the town of Maracas.
A Greener World with Vanadium
REDUCES CARBON EMISSIONS IN STEEL
The use of vanadium-micro alloyed rebars enables minimal consumption of steel in construction and contributed to an estimate of 180 million metric tons of CO2.
LONG DURATION ENERGY STORAGE
Long duration vanadium batteries in conjunction with wind and solar, are ideal for the replacement of fossil fuel power plants
SUPPORTING ESG PRINCIPALS
Vanadium supports the ESG investment case with non-degrading, fully recyclable electrolyte and carbon reducing steel alloying applications
INCREASING DEMAND FOR VANADIUM
Demand for low-carbon technology should require 173% more vanadium production by 2050
CONTACT LARGO:
Corporate Office
First Canadian Place
100 King Street West, Suite 1600
Toronto, ON M5X 1G5 Canada
info@largoinc.com
Tel: +1 416 861 9797
