CLICK TO WATCH : ‘ LARGO RESOURCES LTD – CORPORATE VIDEO ’ 125 says Paulo Misk , Chief Operating Officer ( COO ) and Corporate President of Largo Resources . Misk discusses Largo ’ s record breaking best year to date , and why vanadium promises a bright future for Largo Resources and the planet .
“ Vanadium is a ‘ green metal ’. When you use approximately one kilo of vanadium in a tonne of steel , it increases its tensile strength up to 80 %, which means you don ’ t need to use as much steel when making a car , for example ,” explains Misk . “ You can make the car lighter , which saves fuel , shipping costs , etc ... Vanadium means there ’ s less environmental impact along the whole steel chain . The whole world should use vanadium to have a better environmental situation in the future .” The added strength that vanadium provides to manufactured steel had significant benefits for Largo Resources in 2018 when , in November , China introduced new quality standards for rebar production . “ There was higher demand , low supply and a very low global inventory ,” Misk says .
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