From AVL’s last X update - a link to the last Largo report. https://s29.q4cdn.com/562286712/fil...eb/05/largo_corporatepresentation_feb2024.pdf
Some exciting forward statistic expectations for our (salivating?*)potential funders will take heed of?
(although saying 2023 was a year in which 10% of global vanadium production was used for VRFBs may have been a typo?)
From Pr0Active in Canada, where Largo Physical Vanadium is listed, there’s a You Tube link and summary here:
Largo Physical Vanadium CEO Paul Vollant discussed the company's growth and future plans in an interview with Steve Darling from Proactive.
Largo Physical Vanadium (LPV) was established 18 months ago and has achieved significant milestones during that time.
They have raised $30 million CAD, completed a reverse takeover, and listed on the Toronto Stock Exchange with VAND and OTCQX with the ticker VANAF.
Vollant explained that LPV is a physical holding company focused on purchasing and storing vanadium, a critical metal projected to experience a 173% increase in demand by 2050.
Vanadium is primarily used in steel production and vanadium redox flow batteries (VRFBs). LPV aims to connect investors with the vanadium market and plans to deploy units into VRFBs, with a particular focus on emerging markets like the Asia-Pacific region.
LPV's innovative model involves listing vanadium units to VRFB companies, providing investors with yield while reducing costs.
The company has ambitious plans for expansion and market penetration, especially in the Asia-Pacific region, where VRFB adoption is on the rise.
As LPV looks ahead to 2024, Vollant expressed excitement about deploying their first units into vanadium redox flow batteries and expanding into new markets, positioning the company for growth and success in the years to come.
They want to move in on our Australian target market?
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(20min delay)