Largo raises 2020 vanadium production guidance on strong Q4 output growth

Largo Resources has raised its 2020 vanadium pentoxide (V2O5) production guidance at its Maracas Menchen mine in Brazil, it said in its fourth-quarter and full-year 2019 production report on Tuesday January 14.

The Toronto-based vanadium producer is expecting total V2O5 production for 2020 in the range of 11,750-12,250 tonnes, inclusive of high purity vanadium flake and high purity vanadium powder production.
Largo's fourth quarter output increased by 16% year on year to 3,011 tonnes, taking its full-year output to 10,577 tonnes of vanadium pentoxide, up 8% from 2018, it said.

Production in the fourth quarter of 2019 represents the third consecutive quarter-on-quarter production growth...


Ewa Manthey

January 14, 2020

17:37 GMT