Welcome to our dedicated page for Largo news (Ticker: LGO), a resource for investors and traders seeking the latest updates and insights on Largo stock.
Largo Inc. (LGO) generates frequent news as a vanadium-focused mining and materials company with operations centered on the Maracás Menchen Mine in Brazil and listings on both Nasdaq and the Toronto Stock Exchange. Company updates often highlight production performance for vanadium pentoxide and ilmenite concentrate, progress on plant expansions, and developments in its byproduct strategy.
Recent releases describe sustained vanadium production, installation of additional flotation cell circuits to increase ilmenite capacity, and a binding term sheet for the potential sale of iron ore calcine stockpiled over years of vanadium production. Largo has also reported internal metallurgical studies on copper mineralization and PGMs at the Maracás Menchen complex, examining whether copper and other metals can be recovered as byproducts alongside vanadium and titanium.
Investors following LGO news will see coverage of financing initiatives, including registered direct offerings, private placements, and an at-the-market equity offering program, as well as negotiations with Brazilian lenders to defer principal repayments. Company communications also address liquidity, working capital constraints, and the impact of tariffs on U.S. sales of high purity vanadium products.
In addition, Largo’s news flow includes information on its 50% ownership interest in Storion Energy for vanadium flow battery electrolyte production, and on its tungsten-related projects in Canada and Brazil. This page aggregates these operational, financial, and strategic announcements so readers can track how Largo manages its vanadium production, byproduct opportunities, energy storage exposure, and capital structure over time.
Largo (TSX: LGO, NASDAQ: LGO) signed a definitive multi-year Ex Works agreement to sell up to 4.5 million tonnes of iron ore calcine with total expected cash proceeds in excess of US$56 million. Initial cash receipts include US$2.9M due by January 30, 2026, a second payment of US$1.9M due February 16, 2026, and monthly payments of US$1.9M expected to commence in April 2026, subject to contract terms. The company says the transaction should improve near-term cash flow, reduce stockpile management and disposal costs, and monetize byproduct credits not previously captured.
Largo (TSX: LGO / NASDAQ: LGO) reported it has begun geological and metallurgical studies to assess disseminated copper mineralization at the Maracás Menchen complex after internal flotation tests showed preliminary copper concentrate recovery. The company reviewed 351 drill holes and 1,063 samples (14,358 metres core) with copper ranging 0.10%–1.50% and an average of 0.153% Cu. Largo is evaluating use of existing ilmenite flotation infrastructure to lower capital needs. The company also extended a US$6.0 million secured promissory note with ARG International AG to February 2027 with a 1% extension fee.
Largo (NASDAQ: LGO) announced an at-the-market equity offering program to issue and sell common shares for aggregate gross proceeds of up to US$60,000,000 on The Nasdaq Stock Market.
Sales, if any, will be led by H.C. Wainwright & Co., LLC as sole sales agent at prevailing market prices, subject to market conditions. No sales will be made in Canada. Proceeds are intended for working capital and general corporate purposes. The program will be conducted under a prospectus supplement and a base shelf prospectus filed with the U.S. Securities and Exchange Commission (Form F-3, File No. 333-291472). Largo is not obligated to sell any shares and may suspend or terminate the ATM at any time.
Largo (TSX: LGO; NASDAQ: LGO) announced its Brazilian subsidiary has received a binding term sheet for a multi-year Ex Works contract to potentially monetize 4.5 million tonnes of iron ore calcine produced as a byproduct at the Maracás Menchen mine.
The term sheet contemplates potential cash proceeds in excess of US$56 million, is subject to final documentation and customary conditions, and could reduce stockpile infrastructure and disposal costs while preserving focus on Largo’s primary vanadium business.
There is no assurance the transaction will complete; the company says it will provide updates as appropriate.
Largo (TSX/Nasdaq: LGO) appointed J. Alberto Arias and Daniel Tellechea as co-Chief Executive Officers effective November 13, 2025, with Arias concurrently transitioning to Executive Chairman and David Brace acting as Lead Director.
Diogo Silva, a 14-year company veteran, will become Chief Financial Officer effective December 5, 2025, succeeding David Harris. Management said the co-CEOs will focus on cost reduction, revenue diversification and efforts to refinance debt. Funds managed by Arias Resource Capital and Arias collectively hold approximately 37.9% of basic shares after an October 22, 2025 financing. Silva helped negotiate a deferral of debt principal payments until September 2026.
Largo (TSX: LGO, Nasdaq: LGO) reported Q3 2025 results with revenues of $33.3M, V2O5 equivalent sales of 2,417 tonnes and production of 2,636 tonnes. Adjusted cash operating costs excluding royalties improved to $3.03 per lb. The company reported a net loss of $36.6M in Q3 2025, primarily due to a $28.4M non-cash derecognition of a deferred tax asset. Operating cash flow before working capital was $11.9M. Subsequent actions include a $23.4M equity raise and a binding term sheet to defer $84.2M of Brazilian debt to Sept 18, 2026. Largo also began ilmenite capacity expansion to 115,000 tpa and Storion signed a strategic electrolyte supply agreement and a 48 MWh lease in Texas.
Largo (TSX: LGO; NASDAQ: LGO) closed a registered direct offering of 14,262,309 common shares at US$1.22 per share for aggregate gross proceeds of US$17.4 million. Concurrent private placements issued 14,262,309 warrants exercisable at US$1.22 and expiring five years after issuance.
An affiliate of the largest shareholder provided US$6.0 million for 4,918,033 shares and 4,918,033 warrants, partly advanced as a US$5.0 million secured convertible bridge loan that converted on closing. Proceeds will fund working capital at Largo Vanádio de Maracás S.A. to sustain operations until 2026 and to make payments to lenders, the mining contractor and key suppliers. The TSX granted a conditional Financial Hardship Exemption subject to final approval.
Largo (TSX: LGO, NASDAQ: LGO) announced a combined registered direct offering and concurrent private placements to raise gross proceeds of approximately US$17.4 million by issuing 14,262,309 common shares at US$1.22 per share and unregistered warrants exercisable at US$1.22 for five years.
An affiliate (ARC Fund III) committed US$6.0 million, including an optional US$5.0 million secured convertible bridge loan at 12% interest that would convert on closing. Closing is expected on or about October 22, 2025 and is subject to TSX approval of exemption requests.
Largo (TSX:LGO, NASDAQ:LGO) announced binding commitments for a US$23.4 million financing consisting of a US registered direct offering and a concurrent private placement, intended to satisfy an Equity Contribution Requirement of US$22 million by Nov 17, 2025 under a proposed rollover of LVMSA debt to Mar 18, 2026 (with automatic rollover to Sept 18, 2026).
The transaction includes 14,262,309 shares plus warrants in the Registered Direct Offering, an ARC Fund III commitment (including a US$5.0 million secured convertible bridge loan at 12% interest), and would result in 39,359,045 shares on full exercise (~36% fully diluted). The Company has applied for a TSX Financial Hardship Exemption, which if granted affects conversion and approval requirements and may trigger a remedial delisting review.
Largo Inc. (NASDAQ: LGO) has secured a binding term sheet from five Brazilian banks to defer principal payments on $84.2 million of debt until March 18, 2026, with potential extension to September 18, 2026. The deferral is contingent on Largo raising at least C$30 million by November 17, 2025.
Key conditions include providing a negative pledge over mining rights and equipment, paying accrued interest quarterly, repaying $2 million of principal, submitting quarterly unaudited balance sheets, renegotiating supplier debts, and using 80% of secured capital above C$30 million for principal repayment to the banks.
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