Largo Resources (TSE:LGO) has released an update.
Largo Resources has reported its Q2 2024 results, highlighting a production increase of vanadium pentoxide to 2,689 tonnes and a sales volume of 1,841 tonnes. Despite improved production following Q1’s maintenance, sales were affected by lower production earlier in the year and a 30% drop in vanadium prices. The company is focusing on operational efficiency and increasing ilmenite production to diversify revenue.
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