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Stock impact report

Largo Reports Q4 and Full Year 2024 Operational and Sales Results; Provides 2025 Outlook and Guidance

Largo Inc. - Common Shares (LGO) 
Company Research Source: Business Wire
All amounts expressed are in U.S. dollars, denominated by “$”.Q4 and FY 2024 HighlightsQuarterly V2O5 equivalent production of 1,775 tonnes (3.9 million lbs1) in Q4 2024 vs. 2,768 tonnes produced in Q4 2023; Decrease due to scheduled kiln and cooler maintenanceAnnual V2O5 production of 9,264 tonnes (20.4 million lbs1) in 2024 vs. 9,681 tonnes in 2023; Within the Company’s 2024 annual production guidance range of 9,000 – 11,000 tonnesQuarterly global V2O5 recovery of 77.9% in Q4 2024 vs. 79.4% achieved in Q4 2023; Annual global V2O5 recovery of 76.4% in 2024 vs. 80.0% in 2023Quarterly sales of 3,033 tonnes of V2O5 equivalent (inclusive of 8 tonnes of purchased material and 1,200 tonnes related to the Company’s vanadium inventory supply agreement) in Q4 2024, a 16% increase over the 2,605 tonnes in sold Q4 2023Annual V2O5 equivalent sales of 9,600 (inclusive of 416 tonnes of purchased material and 1,200 tonnes related to its vanadium inventory supply agreement) tonnes in 2024 vs. 10,396 Show less Read more
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