Largo Resources Ltd., has announced that Largo’s vanadium pentoxide has been qualified for use by a major North American producer of master alloys for the aerospace industry.
High purity vanadium pentoxide is used in the production of vanadium master alloys used by the global titanium alloy industry. Vanadium based master alloys are critical, non-replaceable materials used in the production of various titanium alloys for aerospace, industrial, and other applications.
The qualification of Largo’s vanadium pentoxide represents an important broadening of the supply base for high purity vanadium pentoxide to the global titanium master alloy industry. Over the past two years rationalizations within the vanadium industry during a period of historically low prices has resulted in a significant decrease in the availability of high purity vanadium pentoxide for the titanium, chemical and energy storage (battery) markets. For Largo, the qualification is an important step in ensuring that its product becomes the product of choice in value added specialty applications for vanadium pentoxide including applications in the titanium industry, the chemical and catalyst industries, and the developing energy storage markets.