# Largo (NASDAQ: LGO) Critical Minerals Exposure

Largo is linked to 1 critical mineral: a producer of vanadium. It is listed on the Nasdaq as LGO and based in Canada.

Source: https://www.stockatomics.com/companies/largo-nasdaq-lgo
Exchange: NASDAQ
Ticker: LGO
Country: Canada
Production verified from filings: yes

## Critical minerals linked to Largo

| Mineral | Role | Price per kg (USD) | 1M change | Stocks |
| --- | --- | --- | --- | --- |
| [Vanadium](https://www.stockatomics.com/commodities/vanadium-price-us) | Producer | $23.90 per kg contained | −9.7% | - |

## Sectors Largo serves

- [Batteries](https://www.stockatomics.com/sectors/batteries)
- [Defence](https://www.stockatomics.com/sectors/defence)
- [Electric Vehicles](https://www.stockatomics.com/sectors/electric-vehicles)
- [Power Grids](https://www.stockatomics.com/sectors/power-grids)
- [Robotics](https://www.stockatomics.com/sectors/robotics)
- [Semiconductors](https://www.stockatomics.com/sectors/semiconductors)

## About Largo

Largo is a Toronto-based vanadium company whose Maracás Menchen mine in Brazil produces some of the world's highest-quality vanadium. Most vanadium goes into steel, yet Largo has also developed vanadium redox flow batteries for grid storage, giving it a direct link to energy storage demand.

## Largo's critical minerals business

Vanadium is Largo's critical mineral. Maracás Menchen produces vanadium pentoxide, mostly used to strengthen steel, and Largo also supplies high-purity vanadium for aerospace alloys and chemicals. Its vanadium redox flow batteries use vanadium electrolyte to store energy for long periods, tying the company to the growth of grid-scale storage.

## Where Largo operates

Maracás Menchen lies in Bahia state, Brazil, where Largo mines vanadium-bearing magnetite and processes it on site into vanadium products. Its energy storage business is based in Massachusetts in the United States.

## In the Stockatomics Terminal

Share price against its minerals, mineral exposure by value, the exposure score and its components, verified production with sources, downstream demand exposure and catalysts affecting Largo.

## FAQ

### Which critical minerals does Largo produce?

Largo is linked to 1 critical mineral: it is a producer of vanadium. Each mineral's price is on its page: [Vanadium](/commodities/vanadium-price-us).

### Is Largo a vanadium stock?

Yes. Largo is a producer of vanadium. [See the vanadium price per kg](/commodities/vanadium-price-us).

### Where is Largo listed?

Largo is listed on the Nasdaq under the ticker LGO (NASDAQ: LGO), and is based in Canada.

### What is vanadium used for?

Mostly to strengthen steel, especially for construction rebar, and in titanium alloys for aircraft. A growing share goes into vanadium redox flow batteries.

### What are vanadium flow batteries?

Large batteries that store energy in a vanadium electrolyte held in tanks, suited to long-duration storage for power grids.

## Related companies

- [Glencore](https://www.stockatomics.com/companies/glencore-otc-glcnf) (OTC: GLCNF): Chromium, Cobalt, Copper, Lead, Metallurgical coal, Nickel, Silver, Vanadium, Zinc

## Sources

- Company filings: Largo’s minerals and its role in each.
- U.S. Geological Survey (USGS): the US critical minerals list.
- Stockatomics: each mineral’s benchmark price per kg.

Last updated 18 October 2026.