We expect further improvements to production in the second quarter." He continued: "We are also excited to report that construction on the Company’s ilmenite concentration plant as part of the phased operational approach outlined for Largo’s TiO 2 pigment project has commenced at our Maracás operation in Brazil.
We continue our focus on production improvements throughout the facility and are pleased to report improved V 2O 5 equivalent production for the month of March with 1,009 tonnes produced. Paulo Misk, President and CEO of Largo, stated: "As previously reported in March, the Company experienced impacts to both production and sales during the quarter mainly due to preventative and corrective maintenance on its facility and due to global logistical disruptions. Largo Reports First Quarter 2022 Operational and Sales Results Begins Construction on its Ilmenite Concentration Plant (Photo: Business Wire) (" Largo" or the " Company") ( TSX: LGO) ( NASDAQ: LGO) today announces quarterly production of 2,442 tonnes (5.4 million lbs 1) and sales 2,232 tonnes of vanadium pentoxide ("V 2O 5") equivalent, respectively, from its Maracás Menchen Mine in Q1 2022. TORONTO, April 19, 2022-( BUSINESS WIRE)-Largo Inc. Largo Clean Energy ("LCE") remained focused on delivering the Enel Green Power España ("EGPE") contract announced on JWhile supply chain challenges have emerged for the EGPE project, LCE has found alternative suppliers in support of an expected completion date in Q4 2022 2,783 tonnes in Q1 2020 Lower quarterly sales due to ongoing global logistical challengesĬonstruction of the Company’s ilmenite concentration plant commenced in April as part of its titanium dioxide ("TiO 2") pigment project outlined in its latest filed technical report Quarterly sales of 2,232 tonnes of V 2O 5 equivalent in Q1 2022 vs.
Q1 2022 operational results largely impacted by preventative and corrective maintenance on the Company’s plant facility in Maracás V 2O 5 production improved in March and the Company expects additional production improvements moving forward
Quarterly V 2O 5 production of 2,442 tonnes (5.4 million lbs 1) in Q1 2022, a 23% increase over the 1,986 tonnes produced in Q1 2021
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