BEIJING (Asian Metal) 10 Mar 23 – Canadian company Largo Inc. released on March 9 its vanadium pentoxide (V2O5) production and sales results for the three and twelve months ended December 31, 2022.
V2O5 production was 2,004 tonnes in Q4 2022 compared to 2,003 tonnes in Q4 2021; and the annual V2O5 production was 10,436 tonnes in 2022 versus 10,319 tonnes in 2021 and 6% below lower range of revised production guidance.
Quarterly sales were 2,774 tonnes of V2O5 equivalent (inclusive of 118 tonnes of purchased material) in Q4 2022, compared to 2,899 tonnes in Q4 2021; and the annual V2O5 equivalent sales were 11,091 tonnes (inclusive of 1,057 tonnes of purchased material) in 2022, compared to 11,393 tonnes in 2021 and within revised sales guidance of 11,000–12,000 tonnes.
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