04-21-2021, 02:57 AM
Out of the 250 stocks I own, this mining company is my #2 pick. (After FCX). --- The
<!-- SC_OFF --><div class="md"><p><strong>Largo Resources Ltd. (LGORF)</strong> is the largest vanadium miner in the Americas.</p> <p>Vanadium is key to an innovative technology – called the <strong>vanadium-redox flow battery (VFRB)</strong> – that is quickly becoming the desired solution for stationary energy storage applications.</p> <p><strong>VFRB's are significantly better than lithium-ion batteries.</strong> </p> <p><strong>1) They last 3x longer than lithium-ion batteries. VFRBs can perform for more than 20 years with close-to-zero degradation, whereas lithium-ion batteries tap out after five to seven years.</strong></p> <p><strong>2) Unlike lithium-ion batteries, VFRBs and can be charged and discharged repeatedly without any significant drop in performance.</strong></p> <p><strong>3) Vanadium-flow batteries are composed of nonflammable material, making them safer and more reliable for large-scale stationary applications than combustion-prone lithium batteries.</strong></p> <p><strong>4) At the end of their useful lives, VFRBs are relatively easy to recycle. Lithium-ion batteries are not.</strong></p> <p>--------------</p> <p>Largo Resources (LGO) is the largest publicly traded pure-play on vanadium production </p> <ul> <li>It is the only operating vanadium mine in the Americas.</li> <li>It holds the highest-grade vanadium deposit yet discovered.</li> <li>It is one of the lowest-cost producers of the element in the world.</li> </ul> <p>Largo shares offer a compelling play on a dynamic corner of the battery metals market. The company’s continuing success and rising profitability could propel its share price to significant gains over the next two or three years.</p> <p><em>Sources:</em></p> <p><a href="https://energypost.eu/can-vanadium-flow-batteries-beat-li-ion-for-utility-scale-storage/"><em>https://energypost.eu/can-vanadium-flow-batteries-beat-li-ion-for-utility-scale-storage/</em></a></p> <p><a href="https://www.iisd.org/articles/vanadium-valyrian-steel-energy-transition"><em>https://www.iisd.org/articles/vanadium-valyrian-steel-energy-transition</em></a></p> <p><a href="https://blogs.dnvgl.com/energy/can-flow-batteries-compete-with-li-ion">https://blogs.dnvgl.com/energy/can-flow-batteries-compete-with-li-ion</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/roccob7798"> /u/roccob7798 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mv4bij/out_of_the_250_stocks_i_own_this_mining_company/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mv4bij/out_of_the_250_stocks_i_own_this_mining_company/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><strong>Largo Resources Ltd. (LGORF)</strong> is the largest vanadium miner in the Americas.</p> <p>Vanadium is key to an innovative technology – called the <strong>vanadium-redox flow battery (VFRB)</strong> – that is quickly becoming the desired solution for stationary energy storage applications.</p> <p><strong>VFRB's are significantly better than lithium-ion batteries.</strong> </p> <p><strong>1) They last 3x longer than lithium-ion batteries. VFRBs can perform for more than 20 years with close-to-zero degradation, whereas lithium-ion batteries tap out after five to seven years.</strong></p> <p><strong>2) Unlike lithium-ion batteries, VFRBs and can be charged and discharged repeatedly without any significant drop in performance.</strong></p> <p><strong>3) Vanadium-flow batteries are composed of nonflammable material, making them safer and more reliable for large-scale stationary applications than combustion-prone lithium batteries.</strong></p> <p><strong>4) At the end of their useful lives, VFRBs are relatively easy to recycle. Lithium-ion batteries are not.</strong></p> <p>--------------</p> <p>Largo Resources (LGO) is the largest publicly traded pure-play on vanadium production </p> <ul> <li>It is the only operating vanadium mine in the Americas.</li> <li>It holds the highest-grade vanadium deposit yet discovered.</li> <li>It is one of the lowest-cost producers of the element in the world.</li> </ul> <p>Largo shares offer a compelling play on a dynamic corner of the battery metals market. The company’s continuing success and rising profitability could propel its share price to significant gains over the next two or three years.</p> <p><em>Sources:</em></p> <p><a href="https://energypost.eu/can-vanadium-flow-batteries-beat-li-ion-for-utility-scale-storage/"><em>https://energypost.eu/can-vanadium-flow-batteries-beat-li-ion-for-utility-scale-storage/</em></a></p> <p><a href="https://www.iisd.org/articles/vanadium-valyrian-steel-energy-transition"><em>https://www.iisd.org/articles/vanadium-valyrian-steel-energy-transition</em></a></p> <p><a href="https://blogs.dnvgl.com/energy/can-flow-batteries-compete-with-li-ion">https://blogs.dnvgl.com/energy/can-flow-batteries-compete-with-li-ion</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/roccob7798"> /u/roccob7798 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mv4bij/out_of_the_250_stocks_i_own_this_mining_company/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mv4bij/out_of_the_250_stocks_i_own_this_mining_company/">[comments]</a></span>Kind Regards R