Largo Resources Ltd. is a Canada‐based resource company focused on the production and sale of vanadium products. The company’s principal asset is the Maracás Menchen Vanadium Project, located in Bahia, Brazil, one of the largest primary vanadium projects in the world. Through an integrated operating facility, Largo Resources converts mined ore into high‐purity vanadium pentoxide (V₂O₅) flake, targeting steel, aerospace and specialty alloys markets.
The Maracás Menchen mine reached steady‐state production in 2018 and employs a conventional open‐pit mining method combined with crushing, milling and roasting circuits to produce vanadium pentoxide flake. Largo Resources transports its finished product to customers globally, serving end users in North America, Europe and Asia. The company also maintains a corporate office in Vancouver, British Columbia, responsible for project development, marketing and investor relations.
In addition to its core vanadium flake business, Largo Resources has made strategic moves into the energy storage sector. Through a wholly owned subsidiary, the company is developing vanadium electrolyte formulations for vanadium redox flow batteries (VRFBs), positioning itself to supply both the raw material and the finished battery chemistry. This vertical integration aims to capitalize on growing demand for long‐duration energy storage systems.
Founded in 2012 and publicly listed on the TSX Venture Exchange and traded over‐the‐counter in the U.S. under the symbol LGORD, Largo Resources is led by President and Chief Executive Officer Jonathan Barnard. Under his leadership, the company has advanced its Brazilian operations from feasibility to commercial‐scale production, aligning its growth strategy with global trends in clean energy storage and specialty metal consumption.
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