InvestorIntel: Largo Resources Could Become the World's Leading Producer of Vanadium

Toronto, Ontario--(Newsfile Corp. - May 7, 2014) - Tracy Weslosky, Editor-in-Chief and Publisher of InvestorIntel in an interview with Mark Brennan, CEO and President for Largo Resources (TSXV: LGO) ('Largo') dives right into why Largo could very well become the world's leading producer of vanadium. Largo, which is developing the Maracas vanadium property in Brazil, announced on April 10th that construction of the processing facility in the State of Bahia is 99.8% complete and it has the potential to turn Brazil into one of the world's top vanadium producers. Simply put, Mark says "we're actually 99.9% done today, so, we're very close to production."

Some may wonder, as Tracy does, what accounts for the 0.1% that is left? Mark says that there are just some "ancillary issues like lighting, essentially secondary issues not essential for production; so, just a couple more weeks and it's done. The focus now is actually commissioning all the systems and getting all the systems ready. That's the real key to our production." Not surprisingly, notes Tracy, critical metals consultant, Jack Lifton, said that "this is a stock he wished he could buy," while Dr. Luisa Moreno, Senior Research Analyst at Euro Pacific Canada, was the one that brought Largo to Tracy's attention in the first place, because she thinks vanadium demand will be increasing sharply.

Vanadium is becoming essential for the production of steel as aircraft and automotive manufacturers address demand for lighter and tougher materials, which contribute to reducing fuel consumption and reduce emissions. Steel companies are now offering high strength low alloy steels which the fastest growing segment of the steel market and vanadium is key for its production. Mark adds that China is another important driver of vanadium demand because of its use in high strength steel for construction. Demand for such steel in China has been booming because of new anti-earthquake compliance standards.

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Until recently China has been using in the range of 0.02 -0.023% of vanadium per ton of steel. Japanese and Western steel uses anywhere from 0.06 to 0.08% per ton of steel, triple the amount or more: "China now wants to enhance the quality of the steel....and this will probably mean a doubling of demand for vanadium over the next two to three years," says Mark. That will account for a virtual doubling of the global demand for vanadium.

Mark adds that Maracas may well be the best vanadium project in the world; it has the highest grade material, "which means we can be the lowest cost producer." It is a big project with a 29 year projected mine life and "we believe this could go on for a hundred years and could change the way vanadium is used in the future."

Disclaimer: Largo Resources is an advertorial member of InvestorIntel.

About InvestorIntel: InvestorIntel (InvestorIntelReport.com) is a leading global investment intelligence news source for the innovative and entrepreneurial minded. With over 2 dozen editors worldwide contributing daily, InvestorIntel already has an A-list audience that includes industry leaders, high-net-worth investors and intellectuals from predominantly the U.S., Canada, Australia, and the European community. Coverage presently includes: Rare Earths & Technology Metals, Graphite & Graphene, 3D Printing & Technology, AgriBusiness, Biotech, Cleantech, Oil & Gas, Uranium & Nuclear Energy and Gold, Base & Precious Metals.

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Tracy Weslosky
Editor-in-Chief & Publisher
InvestorIntel.com | info@investorintel.com
T: (+1) 416.581.0177