Largo Resources (NASDAQ: LGO) — Company Overview, News & Financial Data
Largo Resources extracts and produces high-quality vanadium in Brazil for steel and energy storage solutions.

Largo Resources
Largo Resources (TSX:LGO), (NASDAQ:LGO) is a company dedicated to delivering high-quality vanadium critical for strengthening steel and contributing to energy storage solutions, particularly in vanadium redox flow batteries. Largo's operations revolve around the extraction, production, and sale of vanadium, primarily through its flagship Maracás Menchen Mine in Brazil. This mine is recognized for its high-grade vanadium deposits and efficient, sustainable mining practices. The company's objectives are focused on expanding its market share within the vanadium industry, investing in research and development to enhance production methods, and pursuing sustainability in its operational activities. Through these efforts, Largo aims to meet the growing demand for vanadium used in steel production and energy storage solutions, while ensuring environmental stewardship and community engagement.
Snapshot
Operations
Products and/or services of Largo Resources
- Vanadium Pentoxide primarily used in steel alloys and energy storage solutions.
- Maracás Menchen Mine, a leading global producer of high-grade vanadium.
- VPURE and VPURE+ products, high-purity vanadium for aerospace and chemical sectors.
- Largo Clean Energy; designing, manufacturing, and selling vanadium redox flow batteries for energy storage.
- Renewable Energy Certificates, promoting green energy initiatives.
- Recycling of vanadium from slag, enhancing sustainability and supply of high-quality vanadium.
Largo Resources executive team
- Jesús Alberto Arias LópezCo-CEO & Executive Chairman
- Diogo SilvaChief Financial Officer
- Luis RendonChief Operating Officer
- Luander Rodrigues PeixotoGeneral Counsel
- James M. BannantineCo-Chief Executive Officer
Latest news about Largo Resources
Largo cuts 2026 vanadium production outlook to 9,500–10,500 tonnes
United StatesLargo wins US$125 million vanadium contract
United StatesLargo Trims Q1 loss as vanadium production doubles to 2,616 tonnes
United StatesLargo reports 2025 production success as 2026 outlook strengthens following U.S. tariff relief
United StatesLargo scraps $56M calcine deal as vanadium prices rally
United States
Key financials
Reported results for Largo Resources, in USD.
- Market cap
- 44.7M
- Revenue (TTM)
- 127.1M
- P/E ratio
- —
- EPS (diluted, TTM)
- -1.1
- Dividend yield
- —
- Profit margin
- -64.6%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 109.9M | -46.1M | -68.5M | |
| 124.9M | -46.3M | -49.8M | |
| 198.7M | -16.3M | -30.3M | |
| 229.3M | 15.7M | -1.5M |