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. reports operating, commercial and financing developments for a primary vanadium producer with mining and processing operations centered on the Maracás Menchen Mine in Bahia, Brazil. News commonly covers V2O5 production and sales, ilmenite concentrate output, ore grades, recovery rates, mine access, cost controls, and demand conditions in steel, aerospace, defense, chemical and energy-storage markets.
Company updates also address tariff effects on Brazilian-origin vanadium products, ferrovanadium and V2O5 market conditions, by-product opportunities involving iron ore calcine, copper, platinum group metals, nickel and cobalt, and capital actions such as at-the-market common-share offerings. Largo also has exposure to long-duration energy storage through Storion Energy and discloses governance changes when management roles change.
Largo (TSX/NASDAQ: LGO) reported strong Q2 2026 operating results from its Maracás Menchen Mine, with V₂O₅ production up 28.5% year over year to 2,900 tonnes and V₂O₅ equivalent sales up 53.4% to 2,773 tonnes. Year-to-date V₂O₅ production rose 55.2% to 5,516 tonnes versus the first half of 2025.
Total ore mined increased 46.6% to 712,198 tonnes, concentrate production grew 31.2% to 117,783 tonnes and ilmenite concentrate sales climbed 67.0% to 10,059 tonnes, despite an 11.6% drop in ilmenite production. Global recovery remained high at 82.5%. According to Largo, vanadium oxides and hydroxides under HTSUS 2825.30 from Brazil are exempt from the new additional 25% U.S. Section 301 tariff effective July 22, 2026, preserving the company’s U.S. market access, while exposure to the Brazil-specific tariff on ferrovanadium is limited.
Largo (TSX: LGO, NASDAQ: LGO) received a Nasdaq Listing Qualifications notification on July 10, 2026 that its common shares are not in compliance with Nasdaq Rule 5550(a)(2), as the closing bid has been below US$1.00 for 30 consecutive business days.
The company has 180 calendar days from the notification date to regain compliance, during which its shares will continue trading on the Nasdaq Capital Market. Compliance can be restored if the bid price closes at or above US$1.00 for at least 10 consecutive business days and other listing conditions are met. According to Largo, the notice does not affect its listing on the Toronto Stock Exchange, and it intends to evaluate options to address the deficiency.
Largo (TSX/NASDAQ: LGO) received a US$60.1 million firm-fixed-price delivery order from the U.S. Defense Logistics Agency Strategic Materials under a recently awarded five-year IDIQ contract.
The order covers high-purity vanadium pentoxide deliveries from Brazil to the U.S. National Defense Stockpile through January 2030, supporting multi-year revenue visibility, higher average realized vanadium prices, an improved sales mix, and greater exposure to the U.S. market.
Largo (TSX, NASDAQ: LGO) was awarded a five-year Indefinite Delivery, Indefinite Quantity contract by the U.S. Defense Logistics Agency to supply up to 2,876 metric tonnes of high-purity vanadium pentoxide for the U.S. National Defense Stockpile, with a maximum value of US$125 million.
Delivery orders use a firm-fixed-price per pound at a premium to 2026 benchmark indexes, escalating 10% annually. Largo produced 9,150 tonnes V₂O₅ equivalent in 2025 and guides 10,500–12,000 tonnes for 2026, with Q1 2026 production of 2,616 tonnes.
Largo (TSX/NASDAQ:LGO) reported results from its Annual General and Special Meeting of Shareholders held on June 16, 2026. Shareholders voted 54,492,193 common shares, representing 53.99% of issued and outstanding shares, and approved all matters, including director elections, auditor appointment and an amended share compensation plan.
Director support ranged from 83.171% to 99.303% of votes cast.
Largo (TSX/NASDAQ:LGO) plans to evaluate strategic alternatives for its 100%-owned tungsten assets: the Northern Dancer Tungsten-Molybdenum Project in Yukon, Canada, and the Currais Novos Tungsten Project in Rio Grande do Norte, Brazil.
Options may include partnerships, joint ventures, asset-level financing, minority investments, sales or spin-outs, and offtake-related structures to unlock value while keeping focus on core vanadium and ilmenite operations in Brazil.
Largo (NASDAQ:LGO) reported Q1 2026 results with sharply higher production but pressured margins from early‑quarter U.S. tariffs. V2O5 equivalent output rose 101.7% to 2,616 tonnes, while revenues slipped 2.5% to $27.5 million and revenue per pound fell to $5.80.
Net loss narrowed to $4.7 million from $9.2 million as operating costs declined 18.8%. Cash was $11.2 million versus $108.4 million of debt. Largo issued 13.8 million shares via its ATM program for $19.7 million and reiterated 2026 guidance for 10,500–12,000 tonnes of V2O5 equivalent production.
Largo (TSX: LGO, NASDAQ: LGO) reported Q1 2026 production of 2,616 tonnes V2O5 (+101.7% YoY) and sales of 2,141 tonnes V2O5 equivalent. Total ore mined rose 90.8% to 852,046 tonnes. Concentrate produced increased 124.3% to 119,444 tonnes. On April 10, 2026, Largo filed with ANM to produce and sell copper, PGMs, nickel and cobalt as by-products using existing processing infrastructure. Senior roles updated: Luis Rendón sole COO and Luãnder Peixoto Group General Counsel.
Largo (TSX/NASDAQ: LGO) reported Q4 and full-year 2025 results showing production momentum, tariff-driven Q4 sales disruption, and stronger operating metrics entering 2026.
Key points: 2025 production of 9,150 t V2O5 (within guidance), Q4 production 2,961 t, revenues $109.9M for 2025, cash $9.7M, debt $107.1M, and tariff relief in Feb 2026 aiding U.S. sales restart.
Largo (TSX: LGO, NASDAQ: LGO) terminated the previously announced iron ore calcine sale after non-receipt of a US$2.9 million initial payment and retains full ownership of 4.5 million tonnes of calcine. The company is pursuing alternative buyers and assessing U.S. tariff changes affecting Brazilian-origin vanadium.
U.S. ferrovanadium prices strengthened since Feb 12, with U.S. FeV trading near $23/lb and European FeV rising to $27.7/kg; V2O5 moved above $5.5/lb. Bonded vanadium inventory in U.S. ports could be released if tariffs are reduced.