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Stock impact report

Largo Resources Announces Second Quarter 2021 Production and Sales Results; Positive Vanadium Demand Expected to Continue in H2 2021

Largo Inc. - Common Shares (LGO) 
Company Research Source: Business Wire
V2O5 production of 3,070 tonnes (6.8 million lbs1)in Q2 2021, a 20% increase over Q2 2020 and 55% above Q1 2021Total V2O5 equivalent sales of 3,027 tonnes in Q2 2021 vs. 1,018 tonnes in Q2 2020Global V2O5 recovery rate2 of 79.9% in Q2 2021 vs. 80.8% in Q2 2020Commissioning of vanadium trioxide (“V2O3”) processing plant initiated2021 production, sales and cost guidance maintained Strong vanadium demand continues: Tight vanadium availability coupled with strong demand has led to continued price increases since the start of 2021Entered into first battery sales contract with Enel Green Power España (“EGPE”) for a VCHARGE± system: One of the largest vanadium redox flow battery (“VRFB”) deployments in EuropeAdvanced discussions with additional energy storage customers ongoing TORONTO--(BUSINESS WIRE)--Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) announces quarterly production of 3,070 tonnes (6.8 million lbs1) of vanadium pentoxide (“V2O5”) and sales of 3,027 Show less Read more
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