• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Battery Metals Market
Battery Metals News
Battery Metals Stocks
  • Battery Metals Market
  • Battery Metals News
  • Battery Metals Stocks

Largo Sets Record by Producing 730 Tonnes of Vanadium

Jocelyn Aspa
May. 05, 2016 09:19AM PST
Battery Metals Investing

Largo Resources (CVE:LGO) reports it has produced 730 tonnes of vanadium pentoxide during the month of April, surpassing its previous record by seven percent of approximately 681 tones set in October, 2015. As quoted in the press release: Largo is also very pleased to announce that it achieved two new daily production records in April …

Largo Resources (CVE:LGO) reports it has produced 730 tonnes of vanadium pentoxide during the month of April, surpassing its previous record by seven percent of approximately 681 tones set in October, 2015.
As quoted in the press release:

Largo is also very pleased to announce that it achieved two new daily production records in April with the first being onSaturday, April 23rd where 32 tonnes of V2O5 were produced (representing approximately 121% of the plant’s daily design capacity) and the second occurring on Sunday, April 24th with daily production totaling 33 tonnes of V2O5(approximately 125% of the plant’s daily design capacity).
Additionally, Largo is pleased to report another production milestone of 188 tonnes of V2O5 produced during the week of April 18th to April 25th (representing approximately 26.9 tonnes per day or 102% of design capacity).

Mark A. Smith, president and CEO, said:

These new production achievements highlight the on-going success at the Maracás Menchen Mine. I would like to applaud our operations team on these three new production records which demonstrate the plant’s increasing operating efficiency. We expect to see continuing growth in average production rates and with the recent increases to the vanadium price, the Maracás Menchen Mine will be very strongly positioned.

Click here for the full press release.

vanadium pentoxide
The Conversation (0)

Go Deeper

AI Powered
Vanadium periodic symbol surrounded by symbols for other elements.

Top 4 Vanadium-producing Countries

Yellow Vanadium element tile with atomic number 23 and mass 50.94, among other tiles.

How to Invest in Vanadium Stocks

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES