Largo hits new production record in Brazil
TORONTO (miningweekly.com) – TSX-listed Largo Resources has hit a new production record at its flagship Maracás Menchen vanadium mine, in Bahia, Brazil, topping the previous monthly record by 3%.
The Toronto-headquartered company stated Tuesday that during June it had produced 801 t of vanadium pentoxide, compared with the previous monthly output record of 780 t set this May.
“The Maracás Menchen mine is consistently showing its operational excellence with its ability to produce at and above nameplate capacity. I believe all of the stars are now aligning for Largo,” president and CEO Mark Smith stated.
The production records at Maracás Menchen brought the operation closer to achieving nameplate capacity. The project was expected to produce on average 11 400 t/y of vanadium equivalent over a 29-year mine life.
The company’s stock listing had on Monday graduated to the TSX main board.
On Wednesday morning, the stock traded up 4.44% at C$0.47 a share, having gained nearly 70% since the start of the year.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation