Largo Resources (TSE:LGO) has released an update.
Largo Resources has reported a 42% increase in V2O5 production for Q3 2024, producing 3,072 tonnes and marking the highest quarterly production in seven quarters. The company has also secured a vanadium supply agreement worth $23.5 million, indicating a strategic optimization of its sales and inventory. Despite a decrease in vanadium prices in Europe, Largo’s production and sales strategies remain robust.
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