Business
Largo Resources Announces Record Q3 Production Results and New President and COO
Largo Resources Announces Record Q3 Production Results and New President and COO C...
About this update from Largo Inc.
[{"type":"text","content":"\n\n\n\nLargo Resources Announces Record Q3 Production Results and New President and COO\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.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Oct. 3, 2018\n\n\n\nRecord production of 2,563 tonnes of V2O5 in Q3 2018, a 4% increase over Q2 2018 Record overall V2O5 recovery rate of 82.2% achieved during the month of September Total production in Q3 2018 was 6% above plant's nameplate capacity TORONTO, Oct. 3, 2018 /CNW/ - Largo Resources Ltd. (\"Largo\" or the \"Company\") (TSX: LGO) (OTCQX: LGORF) is very pleased to report third quarter 2018 production results from its Maracás Menchen Mine highlighting record quarterly vanadium pentoxide (\"V2O5\") production during the quarter and a new record overall V2O5 recovery rate during the month of September.\nThe Maracás Menchen Mine achieved yet another quarterly production record of 2,563 tonnes of V2O5 produced in Q3 2018 compared to 2,513 tonnes in Q3 2017 and 2,458 in Q2 2018. This marks the third consecutive quarter of strong production in 2018 and the highest quarterly production recorded in the Company's history. \nOverall V2O5 recovery rates averaged 77.1% during the quarter, in line with Q3 2017. The Company exited the quarter with record overall V2O5 recovery rates averaging 82.2% in September, the highest monthly average rate recorded in the Company's history. Overall, management expects production from Maracás to continue at these levels for the balance of the year and production shou...