Largo Resources Ltd. is pleased to announce that the Company has received approval from The Nasdaq Stock Market LLC to list its issued and outstanding common shares on the Nasdaq. Largo's Common Shares are expected to commence trading on the Nasdaq at the open of market trading on April 19, 2021, under the trading symbol "LGO". Paulo Misk [...]
Largo Resources Ltd. is pleased to announce that the Company's Board of Directors has approved the construction of a new ilmenite concentration plant. Commercial production from the new plant is expected early in 2023 and the plant's capacity will be approximately 150,000 tonnes of ilmenite concentrate per annum. The Company started an ilmenite [...]
Largo Resources Ltd. is pleased to announce its 2020 financial results highlighted by revenues of $120.0 million on sales of 10,254 tonnes of vanadium pentoxide equivalent. For 2020, the Company achieved a new annual V2O5 production record of 11,825 tonnes and the lowest annual cash operating costs excluding royalties2 to date of $2.56 per pound [...]
Largo Resources Ltd. is very pleased to announce the appointment of Mr. Ian Robertson to its Board of Directors . Alberto Arias, Non-executive Chairman of Largo, stated: "As a pioneer in the renewable energy sector, Ian was instrumental in the extraordinary growth of Algonquin Power & Utilities Corp. from its founding to a TSX80 global energy and [...]
Largo Resources Ltd. is pleased to announce the first sale of iron ore from the Maracás Menchen Mine. The Company finalized a sales contract for 14,000 tonnes of iron ore to a leading steel producer on March 12, 2021. Transport of the contracted material has commenced, and full delivery is expected by the end of March 2021. To date in 2021, the [...]
Largo Resources Ltd. announces that, the Company, following a determination of its Board of Directors in accordance with the parameters authorized by the Company's shareholders at the Special Meeting of Shareholders held on March 1, 2021 , has filed articles of amendment implementing a consolidation of the Company's issued and outstanding common [...]
Largo Resources Ltd. announces voting results from its Special Meeting of Shareholders held on Monday, March 1, 2021 . The consolidation of the Company's Common Shares on the basis of up to one post-consolidation Common Share for every ten pre-consolidation Common Shares was approved by the Company's shareholders at the Meeting. A total of [...]
Largo Resources Ltd. is pleased to announce that it has prepaid in full all of its outstanding credit facilities in Brazil that were scheduled to mature on March 12 and March 18, 2021, respectively. The Company completed the prepayment of $24.8 million in aggregate principal amount between the dates of January 29 and February 3, 2021, plus accrued [...]
Largo Resources Ltd. is very pleased to announce that it has achieved record quarterly and annual 2020 operational results at the Maracás Menchen Mine and has exceeded its 2020 annual sales guidance by 260 tonnes. Building upon the operational and sales accomplishments in 2020, management is confident in its ability to deliver on its production [...]
Largo Resources Ltd. announces that it will hold a Special Meeting of Shareholders on Monday, March 1, 2021. The Company has set the Record Date for the Special Meeting on January 25, 2021. The purpose of the Special Meeting is to seek authorization from the Company’s shareholders to enable the Board of Directors to consider a consolidation of the [...]
Largo Resources Ltd. announces a correction its press release dated December 8, 2020 regarding the warrant exercise price issued in connection with the asset purchase agreement dated effective November 25, 2020 pursuant to which it has now acquired certain assets of VionX Energy, including 12 patent families out of an assignment for the benefit of [...]
Launch of Largo Clean Energy creates an industry-leading, vertically integrated vanadium redox flow battery business to provide clean energy storage systems to the fast-growing, long-duration renewable energy storage market Acquisition of 12 patent families previously owned by VionX Energy Corp. with coverage in key jurisdictions to enable Largo [...]