Largo Resources Ramping Up Production at Maracas Menchen, Hitting 11-18 Tons Per Day

Largo Resources (TSXV:LGO) announced an update on its Maracas Menchen mine reporting that production output is currently running between 11-18 tons of vanadium pentoxide per day. This equates to roughly 45 to 65 percent of production capacity.

According to the press release:

Largo reports that the ramp-up of production and commercial shipments of vanadium from the Project have been ongoing. Production output is currently running between 11-18 tonnes of vanadium pentoxide per day which represents between 45% – 65% of production capacity.

Production rates were steadily increasing up to the month of November when a mechanical issue relating to a pan conveyor at the leaching system was encountered. This, together with several days of exceptionally high rainfall, temporarily impacted production rates for that month. As a result, production for the month of November remained relatively flat month over month from October.

Mark Brennan, president and CEO, said:

Over the past several months we have made significant headway with respect to increasing recoveries and efficiencies of production at the Project. Currently we are working to increase availability of each system and are hopeful to surpass the 20 tonne per day level in the near-term.

Click here to read the Largo Resources (TSXV:LGO) press release