Largo reports Q3 2026 production and sales results
2026-11-02 11:27:35 [Print]
Largo Inc., the world's largest primary vanadium producer, announced on October 30 its production and sales results for the third quarter and the nine months ended September 30, 2026.
Vanadium production reached 2,093 tonnes of vanadium pentoxide (V?O?) in Q3 2026, compared with 2,636 tonnes in Q3 2025, following a strategy to reduce inventories and refocus on high-margin products at its Maracás Menchen Mine. Year-to-date 2026 V?O? production rose 23% year over year to 7,609 tonnes. Q3 2026 sales totaled 2,428 tonnes, essentially stable versus 2,417 tonnes in Q3 2025, reflecting Largo's deliberate strategy of reducing inventory to enhance liquidity and target sales toward profitable demand.
Vanadium production reached 2,093 tonnes of vanadium pentoxide (V?O?) in Q3 2026, compared with 2,636 tonnes in Q3 2025, following a strategy to reduce inventories and refocus on high-margin products at its Maracás Menchen Mine. Year-to-date 2026 V?O? production rose 23% year over year to 7,609 tonnes. Q3 2026 sales totaled 2,428 tonnes, essentially stable versus 2,417 tonnes in Q3 2025, reflecting Largo's deliberate strategy of reducing inventory to enhance liquidity and target sales toward profitable demand.
Vanadium Pentoxide Powder 99%min EXW China
Unit:RMB/mt
China ammonium metavanadate producers' inventory statistics by province by month
Unit: mt
