10:35 AM EST - Largo Resources Ltd. : Has achieved record quarterly and annual 2020 operational results at the Maracás Menchen Mine and has exceeded its 2020 annual sales guidance by 260 tonnes. The Company achieved a new annual production record in 2020 with total V 2 O 5 production of 11,825 tonnes, representing an increase of 12% over 2019. Total V 2 O 5 production of 3,340 tonnes in Q4 2020 represented a new quarterly production record for the Company, being 11% higher than Q4 2019 and 8% higher than the previous record of 3,092 tonnes set in Q3 2020. Operational stability and an increase in the global recovery rate drove our production performance in Q4 and over 2020 as a whole. Largo Resources Ltd.
shares T.LGO are trading up $0.22 at $1.99.
