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Stocks in play: Largo Inc.
Today reports its strongest quarterly production in seven quarters with 3,072 tonnes (6.8 million lbs1) of vanadium pentoxide ("V2O5") equivalent in Q3 2024. Ilmenite production increased 90% over Q2 2024 to 16,383 tonnes, with sales of 19,572 tonnes, representing a 60% increase over the same prior comparative quarter. While vanadium sales totaled 1,961 tonnes, the Company continues to optimize its global sales strategy, including a reduction of excess vanadium inventories while leveraging the expertise of its seasoned commercial team to unlock emerging opportunities in the vanadium and titanium sectors. Largo Inc. shares T.LGO are trading up $0.10 at $2.90.
