Company Profile

LGO:TSX | OTCQB:LGORF

Largo Resources Ltd. is a growing strategic mineral company with projects in Brazil and Canada. Largo is presently focused on the production of vanadium at its Maracás Menchen Mine.

Investment Highlights

Largo Resources Ltd. (TSX:LGO) (OTCQB:LGORF) is a mid-tier mining development company primarily focused on the production of vanadium at its Maracás Menchen Mine in Brazil.

Largo has accomplished a unique feat in the mining industry, by successfully financing, building and bringing a project to production in a trying market environment and in a unique commodity.

Largo’s Maracás Menchen Mine boasts the highest grade vanadium deposit yet discovered and is a low cost producer. With an off-take in place with commodities giant Glencore, Largo is well positioned to become the leading producer of vanadium globally and expects to generate substantial cash-flows.

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 we use and encounter every day; including, rebar, automobiles, transport infrastructure etc. With a compound annual growth rate of over 6% for the past several years, vanadium is a bourgeoning commodity, with concentrated supply which lacks opportunities for investment in the wider market place. As trends in the steel industry now demand increasingly stronger and lighter products for advanced applications, the use of vanadium is expected to continue this growth over the medium and long term.

As Largo continues producing at its Maracás Menchen Mine and generating cash-flows, it presents a unique opportunity for investors to gain exposure to the vanadium market.

Flagship Maracás Menchen Mine

  • World’s premier vanadium mine
  • Highest grade quality; lowest cost
  • Production commenced August, 2014
  • Glencore Off-take: 100% Take-or-Pay Contract for 6 years
  • Experienced management with expertise in vanadium
  • Strong investor base
  • Capitalizing on market demand and supply instability in strategic metals
  • Pipeline of projects in place for growth
more

Currais Novos Tungsten Project

  • Located in Brazil
  • Reprocessing of tailings to produce tungsten concentrate
  • Initial production commenced in 2011
  • Project on care-and-maintenance due to drought
more

Northern Dancer Project

  • Located in Yukon Canada with direct access to Alaska highway
  • Large Tungsten and Molybdenum deposit
  • Open pit mining process
  • Preliminary Economic Assessment completed in 2011
more

Campo Alegre Project

  • Located in Bahia, Brazil
  • Exploration stage project
  • Large potentially world-class iron, vanadium and titanium deposit
  • Historical non-compliant resource
more


Mr. Robert Campbell, Vice President of Exploration to Largo, and a Qualified Person as defined by NI 43 101 has reviewed and approved this information.

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