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Largo Resources (TSXV:LGO) announced that it has achieved a new daily production record at its Maracas Menchen mine in Brazil. producing 26 tonnes of vanadium pentoxide in a single day and reaching its full production capacity.
Largo Resources (TSXV:LGO) announced that it has achieved a new daily production record at its Maracas Menchen mine in Brazil. producing 26 tonnes of vanadium pentoxide in a single day and reaching its full production capacity.
As quoted in the press release:
Yesterday, we achieved a new production record of 26 tonnes in a single day, which represents approximately 100 percent of the plant’s design capacity.
In fact, July has so far proved to be a month of new records for daily production. The month began with a new record of 24 tonnes produced in a single day, or approximately 90 percent of design capacity. And earlier this week, production in a single day totaled 25 tonnes, or, 94% of capacity.
During the month of July the project has produced at or above 24 tonnes (at or above 90% of design capacity), for a total of 4 days, and over 20 tonnes (at or above 80%) for a total of 10 days. We are encouraged by the progress we are making and will look forward to providing a thorough operational update in the near term.
Click here to read the full Largo Resources (TSXV:LGO) press release.