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EPIC: LGO
Market: TSX
Sector: Mining
Market Cap: C$458.87M
Largo Resources Ltd

Largo Resources Ltd

Largo Resources Ltd. is a growing strategic mineral company with projects in Brazil and Canada. Largo is presently focused on the production of vanadium at its Maracás Menchen Mine.

Largo Resources Ltd

www.largoresources.com

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Largo Resources Ltd Timeline

Largo Resources shares rose 3.5% on Thursday after the company said it had increased by 40% the mineral reserves for the Campbell pit at its Maracas Menchen vanadium mine in Bahia, Brazil, and released a new mine plan for the Maracas project
Brazil-focused Largo Resources has raised the bar again in terms of production at its Maracas Menchen mine in Brazil. The company achieved a new daily production record on Monday August 23rd only to surpass that the following day with production of 29 tonnes of vanadium oxide. Largo said more than 10mln pounds of V205 has...
Largo has consistently maintained the high productivity rates, such that the project has produced at or above 24 tonnes (that is at a minimum of 90% design capacity) for a total of four days and at around 20 tonnes (at or above 80%) for a total of 10 days
Largo, continues to ramp up production at its Maracas Menchen vanadium mine in Brazil, has also seen recoveries at the project increasing significantly, including at the leaching system. This year, Largo achieved several milestones apart from the production amounts.
On April 30, Largo said it signed a term sheet with lenders to defer its debt amortization schedule in a restructuring package that has also extended the maturities of its construction debt and export credit facilities for its Maracas Menchen Mine
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