Toronto based Canadian Largo announced that Largo Physical Vanadium Corp shares have commenced trading on the TSX Venture Exchange under the ticker symbol VAND. LPV’s business model could enable the reduction of vanadium commodity costs that typically constitute a significant proportion of the total cost of vanadium redox flow batteries LPV will do its part to raise the profile of vanadium, a key green transition metal central to clean energy storage and greener steel. LPV’s business model could enable the reduction of vanadium commodity costs that typically constitute a significant proportion of the total cost of vanadium redox flow batteries, which could in turn further enhance their adoption.LPV aims to provide a secure, convenient and exchange-traded investment alternative for investors interested in having direct exposure to physical vanadium, which is an important metal in key industries such as steel, aerospace and long duration energy storage. Vanadium doesn’t degrade, is fully recyclable when used as electrolyte in VRFB’s and has carbon reducing attributes when used in steel alloying applications. LPV’s strategy is not only to achieve appreciation through the acquisition of vanadium, but to own and actively supply vanadium to end users of VRFB’s, thereby advancing its adoption in long duration energy storage, especially those associated with renewable energy deployments. This strategy is integral to LPV’s business plan, as it defrays an important portion of the costs associated with using vanadium in VRFB’s.Largo has a long and successful history as one of the world’s preferred vanadium companies through the supply of its VPURETM and VPURE+TM products, which are sourced from one of the world's highest-grade vanadium deposits at the Company's Maracás Menchen Mine in Brazil.
Toronto based Canadian Largo announced that Largo Physical Vanadium Corp shares have commenced trading on the TSX Venture Exchange under the ticker symbol VAND. LPV’s business model could enable the reduction of vanadium commodity costs that typically constitute a significant proportion of the total cost of vanadium redox flow batteries LPV will do its part to raise the profile of vanadium, a key green transition metal central to clean energy storage and greener steel. LPV’s business model could enable the reduction of vanadium commodity costs that typically constitute a significant proportion of the total cost of vanadium redox flow batteries, which could in turn further enhance their adoption.LPV aims to provide a secure, convenient and exchange-traded investment alternative for investors interested in having direct exposure to physical vanadium, which is an important metal in key industries such as steel, aerospace and long duration energy storage. Vanadium doesn’t degrade, is fully recyclable when used as electrolyte in VRFB’s and has carbon reducing attributes when used in steel alloying applications. LPV’s strategy is not only to achieve appreciation through the acquisition of vanadium, but to own and actively supply vanadium to end users of VRFB’s, thereby advancing its adoption in long duration energy storage, especially those associated with renewable energy deployments. This strategy is integral to LPV’s business plan, as it defrays an important portion of the costs associated with using vanadium in VRFB’s.Largo has a long and successful history as one of the world’s preferred vanadium companies through the supply of its VPURETM and VPURE+TM products, which are sourced from one of the world's highest-grade vanadium deposits at the Company's Maracás Menchen Mine in Brazil.
