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Largo reports Q3 vanadium production of 2,093 tonnes and starts copper-gold-PGM by-product output
LGOLargo Inc.
Largo Inc. reported third-quarter 2026 vanadium pentoxide (V₂O₅) production of 2,093 tonnes, down from 2,636 tonnes in the prior-year period, as the company pursued a strategy to reduce inventories and refocus on high-margin products. Sales remained stable at 2,428 tonnes. The filing highlights the commencement of first production for copper (108 tonnes), gold (289 ounces), platinum (166 ounces), and palladium (291 ounces) as by-products of vanadium operations. Year-to-date V₂O₅ production increased 23% to 7,609 tonnes. Additionally, Largo announced that definitive debt restructuring agreements now cover approximately 58.4% of its commercial bank senior debt, including a new agreement with Banco Santander (Brasil) S.A. The company operates as the world's largest primary vanadium producer.