Sign up USA
Proactive Investors - Run By Investors For Investors

Largo sets monthly production record

The vanadium producer set a monthly production at its Maracás Menchen mine in June
Vanadium's chemical symbol highlighted on the periodic table
Vanadium production is the aim of the game at Largo's Maracás Menchen mine

Largo Resources Ltd (CVE:LGO) achieved a new monthly production record at its Maracás Menchen vanadium mine in Brazil last month.

The Toronto-based firm produced 801 tonnes of vanadium pentoxide in June, surpassing the previous month’s record of 780 tonnes.

“I believe all of the stars are now aligning for Largo,” said Mark Smith, chief executive.

“The Maracás Menchen mine is consistently showing its operational excellence with its ability to produce at and above nameplate capacity.”

Largo also announced Alberto Beeck has joined its board of directors after shareholders voted him in at the company’s latest AGM.

Beeck – who is currently a managing partner at VH Properties and VH Investments – will replace departing director Wayne Egan.

Shares were unchanged at C$0.45.

View full LGO profile View Profile

Largo Resources Ltd Timeline

Related Articles

picture of Chinese flag and gold
Wishbone has supply agreements with miners based in Peru, Ghana, Chile and Colombia.
electric car
August 08 2017
Most graphite companies either hunkered down in an ill-conceived attempt to ride out the storm..
February 02 2017
Brad Lingo discussed with investors ELK's assets in the U.S.
Copyright ©, 2017. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use