Date: Jan 10, 2019
BEIJING (Asian Metal) 10 Jan 19 – On January 9, Canadian-based Largo Resources Ltd. reported fourth quarter and full year 2018 production results from its Maracas Menchen Mine.
Total production from the Maracas Menchen Mine in 2018 was 9,830t of V2O5, exceeding the Company’s midpoint guidance of 9,650t by 2%. This represents an increase of 6% over FY 2017 and is the strongest full year of production from the mine since operations commenced in 2014. The Company also achieved a new quarterly production record in Q4 2018 with 2,595t of V2O5 produced, up 2% from the previous quarter and representing the fourth consecutive quarter of production growth during 2018.