Largo reaches new V2O5 production heights in Q3, appoints COO

Largo Resources Ltd continued to reach new production heights at its Maracas Menchen Mine during the third quarter, with the company achieving record vanadium pentoxide production and record vanadium recovery rates.

The Toronto-based vanadium producer saw total production reach 2,563 tonnes of vanadium pentoxide (V2O5) at the Brazilian mine during the third quarter, setting a new quarterly production benchmark for the company.

Third-quarter output was 6% above nameplate capacity. It represents a 4.27% increase from the 2,458 tonnes of V2O5 produced during the second quarter and a 1.99% increase from 2,513 tonnes produced during the same year-ago period.

Moreover, Largo’s second quarter...

Published

Chris Kavanagh

October 03, 2018

20:48 GMT

New York