Largo Q1 V2O5 output up 35% y-o-y; maintains 2020 guidance

Largo Resources’ first-quarter production at its Maracas Menchen mine in Brazil increased by 35% year on year to 2,831 tonnes of vanadium pentoxide (V2O5), it said in its first-quarter production report on Monday April 13.

In January, production reached 956 tonnes of V2O5, with 915 tonnes of V2O5 produced in February and 960 tonnes produced in March, the producer said. Shutdowns of the kiln and cooler, to fix the refractory and correct instability in the kiln feed, affected production in January 2020, Largo said.
In February and March 2020, additional kiln shutdowns, to fix hot spots in the refractory, affected production, the company added.

Largo’s planned upgrades to the...

Published

Ewa Manthey

April 14, 2020

17:05 GMT

London