Largo posts Q2 V2O5 production up 29% to 2,900 tonnes - LGO News | RalliesLargo posts Q2 V2O5 production up 29% to 2,900 tonnes
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LGO• Tariff update
- U.S. Section 301 25% tariff on certain Brazilian goods effective July 22, 2026 exempted vanadium oxides and hydroxides under HTSUS 2825.30.
Q2 production and sales update
- Largo posted Q2 2026 V2O5 production of 2,900 tonnes, up 28.5% year over year; V2O5-equivalent sales rose 53.4% to 2,773 tonnes.
- Ore mined increased 46.6% to 712,198 tonnes; effective ore grade slipped to 0.50% from 0.51%; global recovery eased to 82.5% from 84.9%.
- Concentrate output climbed 31.2% to 117,783 tonnes; concentrate grade fell 7.1% to 2.69%.
- Ilmenite concentrate sales jumped 67% to 10,059 tonnes; production declined 11.6% to 7,205 tonnes.
