Largo Produces a Record 806 Tonnes of Vanadium Pentoxide in September

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[{"type":"text","content":"\n\n\n\nLargo Produces a Record 806 Tonnes of Vanadium Pentoxide in September\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nLargo Produces a Record 806 Tonnes of Vanadium Pentoxide in September\nCanada NewsWire\nTORONTO, Oct. 3, 2016\n\n\n\nTORONTO, Oct. 3, 2016 /CNW/ - Largo Resources Ltd. (\"Largo\" or the \"Company\") (TSX: LGO) (OTCQB: LGORF) is excited to announce it has achieved a new monthly production record at its Maracás Menchen Mine during the month of September. The Company produced 806 tonnes of vanadium pentoxide (\"vanadium\") surpassing by 5 tonnes the Company's previous monthly production record of 801 tonnes set this June.\n\n\"Largo continues to be focused on achieving consistent production at or above nameplate capacity at the Maracás Menchen Mine. Steady and record breaking production coupled with Largo's ability to produce vanadium at a low cost shows the Company's dedication to the success of the Maracás Menchen Mine,\" said Largo's President and Chief Executive Officer, Mr. Mark A. Smith. \n\nIn August, the Company produced at a total of 746 tonnes of vanadium. Production in August was marginally lower than expected due to instrumentation issues with the deammoniator in the beginning of the month as well as scheduled maintenance at the plant. As the issue with the deammoniator and scheduled maintenance were addressed and completed, the Company solidly produced at or above nameplate capacity for the remainder of the month.\n\nAbout Largo\n\nLargo Resources Ltd. (TSX: LGO) (OTCQB: LGORF) is a growing strategic mineral company focused on the production of vanadium pentoxide at its Vanadio de Maracás Menchen Mine. Vanadium is primarily used as an alloy to strengthen steel and reduce its weight. Vanadium enhanced steels are used in a vast and growing range of products that are used and encountered every day; including, rebar, automobiles, transport infrastructure etc. With consumption increasing at a compound annual growth rate of over 8% for the past several years (Roskill, 2015), vanadium is a bourgeoning commodity which lacks o...

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