Largo Inc. Sells 4.5 Million Tons of Iron Ore Calcine for $56 Million

Reuters
2026.01.15 12:01
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Largo Inc. has announced a binding term sheet for the sale of approximately 4.5 million tons of iron ore calcine for $56 million. This transaction aims to enhance near-term liquidity and optimize the company's asset portfolio by monetizing a non-core material stream, pending final documentation and customary conditions.