Largo Inc. today reported financial and operational results for the three and twelve months ended December 31, 2024. Amid challenging market conditions and declining vanadium prices, the Company has increased its focus on operational improvements, further cost reductions, and productivity enhancements at its Maracás Menchen Mine. The Company achieved annual vanadium pentoxide equivalent sales of 9,600 tonnes, with [...]
Largo Inc. today announces a leadership transition as part of its ongoing efforts to enhance operational performance and strengthen its production strategy. Largo has promoted and appointed Mr. Gordon Babcock and Mr. Luis Rendón as Co-Chief Operating Officers . Both executives, who recently joined the Largo operations team in other capacities, bring extensive mining sector leadership and operational expertise to Largo and [...]
Largo Inc. today announces annual production of 9,264 tonnes of vanadium pentoxide equivalent from its Maracás Menchen Mine and sales of 9,600 tonnes of V?O? equivalent in 2024, alongside ongoing efforts to enhance operational efficiencies, expand mineral resources and reserves, and reinforce its position as a reliable supplier of high purity vanadium. This press release features multimedia. View the full release here [...]
Largo Inc. announces effective Friday, January 31, 2025, the successful closing of the previously announced transaction between its subsidiary, Largo Clean Energy Corp. , and Stryten Critical E-Storage, LLC , an affiliate of Stryten Energy LLC, to establish a joint venture in Storion Energy LLC . Storion is a joint venture focused on removing the barriers to entry for battery manufacturers to domestically sourced [...]
Largo Inc. is pleased to announce the signing of definitive agreements between its subsidiary, Largo Clean Energy Corp. , and Stryten Critical E-Storage, LLC , an affiliate of Stryten Energy LLC, to establish a joint venture in Storion Energy, LLC , subject to customary closing conditions. Storion intends to become a leading manufacturer of domestically produced vanadium electrolyte and remove other barriers to entry in [...]
Largo Inc. is pleased to announce it has filed its National Instrument 43-101 technical report titled An Updated Life of Mine Plan for Gulçari A and Pre-Feasibility Study for Gulçari A Norte , Novo Amparo , Novo Amparo Norte and São José Deposits , in respect of the Company's Maracás Menchen Mine in Brazil. The Technical Report supports the disclosure made by the Company in its press release dated October 28, 2024. This [...]
Largo Inc. today released financial results for the three and nine months ended September 30, 2024. The Company reported quarterly vanadium pentoxide equivalent sales of 1,961 tonnes at a cash operating cost excluding royalties1 of $3.12 per pound, a 43% reduction from the prior year. Operating costs were reduced by 31% compared to Q3 2023, reflecting the Company's continued focus on cost efficiency and operational [...]
Largo Inc. will release its third quarter 2024 financial results on Tuesday, November 12, 2024. The Company will also host a conference call to discuss its third quarter 2024 results and other updates on Thursday, November 14 at 10:00 a.m. ET. To join the conference call without operator assistance on the day, you may register and enter your phone number at https://emportal.ink/4eR2Ql8 to receive an instant automated call [...]
Largo Inc. is pleased to report a significant increase in Mineral Reserves, Mineral Resources and mine life as part of results from an updated Life of Mine Plan and Pre-Feasibility Study completed on the Company's vanadium-titanium Maracás Menchen operation. An independent technical report is being prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the Company by GE21 [...]
Largo reports its strongest quarterly production in seven quarters with 3,072 tonnes of vanadium pentoxide equivalent in Q3 2024. Ilmenite production increased 90% over Q2 2024 to 16,383 tonnes, with sales of 19,572 tonnes, representing a 60% increase over the same prior comparative quarter. While vanadium sales totaled 1,961 tonnes, the Company continues to optimize its global sales strategy, including a reduction of [...]
Largo Inc. is pleased to announce the promotion of Francesco D'Alessio to the role of Chief Commercial Officer, effective immediately. With Largo since 2019, the appointment of Mr. D'Alessio is part of a broader focus on the repositioning of Largo's sales and trading operations to capitalize on emerging opportunities in the vanadium market. This press release features multimedia. View the full release here [...]
Largo Inc. , a leading producer and supplier of high-quality vanadium products and ilmenite, today highlights its cash operating cost1 metrics, emphasizing the Company's focus on cost reduction initiatives at the Maracás Menchen Mine in Brazil. The Company has made continued progress in reducing costs at its vanadium operation in Brazil, which have started to yield positive results, excluding the impact of certain [...]
