Largo Inc. reports Q3 2025 revenues of $33.3 million and vanadium pentoxide sales of 2,417 tonnes
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Largo Inc. reported Q3 2025 revenues of $33.3 million, an increase from $29.9 million in Q3 2024. Operating costs rose to $34.3 million, leading to a net loss of $36.6 million, compared to a loss of $10.1 million the previous year. Basic loss per share was $0.57. Adjusted EBITDA improved to $2.0 million. Vanadium pentoxide sales reached 2,417 tonnes, with production increasing to 2,636 tonnes. The company completed a $23.4 million equity raise and secured a principal deferral from Brazilian lenders.
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