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/NASDAQ: LGO) provided a corporate update highlighting operational progress amid significant challenges. The company achieved strong vanadium pentoxide production of 931 tonnes in August and 856 tonnes in July 2025. However, Largo faces serious headwinds including working capital constraints affecting inventory deliveries and supplier payments.
A major challenge emerged when U.S. tariffs on Brazilian imports increased from 10% to 50% effective August 6, 2025, impacting high-purity vanadium sales contracts. This has led to delayed shipments and some contract defaults. The company is actively lobbying for exemptions, citing strategic importance to U.S. aerospace and defense industries.
Additionally, Largo is expanding its ilmenite plant capacity to 115,000mt from 42,000mt annually, with commissioning targeted for October 2025. The company is also exploring opportunities to monetize its tungsten projects and seeking financing solutions to address immediate liquidity concerns.
Largo (TSX/NASDAQ: LGO) reported Q2 2025 financial results, showing mixed performance amid challenging vanadium market conditions. The company achieved revenues of $26.1 million (vs. $28.6M in Q2 2024) and reduced its net loss to $5.8 million (vs. $14.5M in Q2 2024).
Key operational highlights include V2O5 production of 2,256 tonnes and sales of 1,807 tonnes. The company demonstrated significant cost improvements with a 17% reduction in operating costs to $30.1 million and a 24% improvement in adjusted cash operating costs to $3.18/lb.
Notable challenges include new U.S. tariffs on Brazilian imports increasing from 10% to 50% effective August 6, 2025, and continued pressure on vanadium prices in Europe and China. The company secured a $6 million secured loan to enhance working capital position.
Largo (NASDAQ: LGO) has secured a $6 million loan through a promissory note with ARG International AG. The loan, which carries a 15% annual interest rate and a 1% arrangement fee, has a six-month term and is secured against Largo's 65.7% equity stake in Largo Physical Vanadium Corp.
The financing aims to provide working capital support as the company navigates through challenging market conditions marked by low vanadium prices. According to Interim CEO Daniel Tellechea, while operations have stabilized, the loan will offer flexibility to manage current price pressures while maintaining operational targets.
Largo (TSX/NASDAQ: LGO) reports Q2 2025 vanadium pentoxide (V₂O₅) production of 2,256 tonnes, showing a 74% increase from Q1 2025 but lower than Q2 2024's 2,689 tonnes. The company achieved an improved global recovery rate of 84.9%, up 14% year-over-year.
Key operational highlights include V₂O₅ equivalent sales of 1,807 tonnes and ilmenite concentrate production of 8,149 tonnes. The company's subsidiary, Storion Energy, secured a strategic agreement with TerraFlow Energy to supply vanadium electrolyte and battery stacks for a 48 MWh flow battery project in Texas, supported by Largo Physical Vanadium's electrolyte leasing model.
The operational turnaround is progressing with improved mine access, higher production rates, and stronger recovery rates, keeping the company on track to meet its 2025 production guidance.
Largo (TSX/NASDAQ: LGO) reported significant operational improvements at its Maracás Menchen Mine, with May 2025 V₂O₅ production reaching 835 tonnes, a 75% increase from April's 401 tonnes. Ilmenite concentrate production rose 65% to 3,025 tonnes from April's 1,833 tonnes.
The company has implemented several successful initiatives, including accessing new mining areas and optimizing resource recovery through tailings reprocessing. Largo maintains its 2025 V₂O₅ production guidance of 9,500-11,500 tonnes.
However, Largo received a default notice on June 9, 2025, for failing to deliver 900 tonnes of V₂O₅ and facing allegations regarding product specifications from a counterparty.
Largo (TSX: LGO) (NASDAQ: LGO) held its Annual General Meeting of Shareholders on May 12, 2025, with a significant turnout of 71.17% of issued and outstanding common shares (45,626,173 shares). Shareholders approved all proposed matters, including the election of director nominees and the appointment of KPMG LLP as the company's auditors.
The voting results showed strong support for all director nominees, with approval ratings ranging from 83.27% to 98.17%. David Brace received the highest approval at 98.17% (36,620,985 votes), followed by Daniel Tellechea at 98.13%. Alberto Arias received the lowest approval rate at 83.27% with 31,061,877 votes in favor.
Largo (LGO) reports Q1 2025 production results with 1,297 tonnes of V2O5, down from 1,729 tonnes in Q1 2024. Total waste moved increased 32% to 3.5 million tonnes, while total mined material rose 21% to 3.9 million tonnes. The company revised down its 2025 V2O5 guidance, with production now expected at 8,500-10,500 tonnes (previously 9,500-11,500) and sales at 6,500-8,500 tonnes (previously 7,500-9,500).
Production was impacted by lower-grade ore zones, reduced equipment availability, and operational adjustments following kiln refractory replacement. Global recoveries improved to 77.8% from 70.5% year-over-year. V2O5 equivalent sales reached 2,046 tonnes in Q1 2025, including 154 tonnes of purchased material, representing a 26% decrease from Q1 2024.
The company maintains its cash operating cost guidance and ilmenite production targets while actively pursuing new working capital facilities and refinancing of long-term debt amid operational challenges.
Stryten Energy has announced plans to expand its domestic manufacturing capacity to 24 Gigawatts, adding 10 Gigawatts of new energy storage capacity across its 11 U.S. manufacturing facilities. The expansion, supported by advanced manufacturing production tax credits, aims to strengthen American energy security and resilience.
The company currently employs over 2,500 people producing batteries for military, government, data centers, grid storage, automotive, and material handling applications. The expansion will create hundreds of high-paying manufacturing jobs across facilities in Kansas, Georgia, Iowa, Virginia, and Arkansas.
Stryten operates a vertically integrated supply chain with plants in Pennsylvania, New York, Indiana, Missouri, and Wisconsin. The investment plan includes increasing domestic processing of recycled battery plastic and expanding lithium battery production through partnerships with Dragonfly Energy. Additionally, through its affiliate Stryten Critical E-Storage, the company has launched Storion Energy in partnership with Largo to produce electrolytes for vanadium redox flow batteries.
FAQ
What is the current stock price of Largo (LGO)?
What is the market cap of Largo (LGO)?
