Largo faces liquidity crisis amid US tariffs on vanadium imports
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Largo Corporate update on Sustained Operational Progress and Sales Impact of US Tariffs and Short-Term Liquidity
September 29, 2025 8:45 AM EDTAll amounts expressed are in U.S. dollars, denominated by $.
Annual production on track with vanadium pentoxide production of 931 tonnes in August and 856 tonnes in July and ilmenite plant expansion currently targeting October 2025 commissioning Limited working capital has delayed the release of inventory under the Companys inventory financing facilities for delivery to some customers and is affecting payments to suppliers and service providers. Largo is evaluating various financing solutions 50% tariffs on U.S. imports of high purity vanadium products and current liquidity issues have resulted in delayed and/or some defaulted... More