Largo Resources Reports V2O5 Production of 2,562 Tonnes in Q2 2020 and Announces Cost Efficient Nameplate Capacity Increase by 10%
TORONTO, July 16, 2020 /CNW/ – Largo Resources Ltd. (“Largo” or the “Company”) (TSX: LGO) (OTCQX: LGORF) announces second quarter 2020 production results from its Maracás Menchen Mine with production of 2,562 tonnes (5.6 million lbs) of vanadium pentoxide (“V2O5”) produced at an average global recovery rate2 of 80.8%. This represents a 2.0% increase in production over Q2 2019 and the strong production in May and June further demonstrates the plant’s ability to perform above its current nameplate capacity of 1,000 tonnes of V2O5 per month.