https://www.miningweekly.com

Despite delays, Largo Resources’ vanadium output gathers pace

4th December 2014

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – Vanadium producer Largo Resources this week said despite minor challenges, output at its Maracas Menchen mine, in Brazil, was gathering pace, with the project operating at between 45% and 65% of capacity.

Largo started vanadium production in August and output rates rose steadily up to November, when a mechanical issue relating to a pan conveyor at the leaching system slowed momentum.

The mechanical issue was exacerbated by several days of exceptionally high rainfall, which also temporarily impacted production rates. As a result, production for November remained relatively flat compared with October.

Since September, the operation had shipped about 1.6-million pounds of vanadium pentoxide and the company expected weekly deliveries to continue unfettered.

“Over the past several months we have made significant headway with respect to increasing recoveries and efficiencies of production at the project. Currently, we are working to increase availability of each system and are hopeful to surpass the 20 t/d level in the near term,” Largo president and CEO Mark Brennan said in a statement on Wednesday.

The Maracas Menchen deposit was regarded as the richest, highest-grade vanadium deposit in the world.

The TSX-V-listed company expected to capture 7.5% of the global vanadium market within a year and believed that there was ample upside to swell output through a series of expansions in the coming years, as demand and market conditions warranted.

Edited by Tracy Hancock
Creamer Media Contributing Editor

Comments

Showroom

Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.147 0.197s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: