Largo restructures debt and launches copper-PGM sales amid output cuts

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Go back to Largo restructures debt and launches copper-PGM sales amid output cuts

Largo Provides Financial, Operational and Commercial Updates

September 14, 2026 7:01 AM EDT

All amounts expressed are in U.S. dollars, denoted by "$".

Key Highlights:

Executed a definitive debt-restructuring agreement with Caixa Econmica Federal.

Extended Company's US$6.0 million promissory note with ARG International AG ("ARG") to February 2028.

Implementing additional cost and working-capital initiatives aimed at lowering inventories and improving operating efficiency.

Increasing focus on higher-margin vanadium products, with high-purity vanadium products expected to represent a greater proportion of the Company's sales mix in 2027.

First shipment under the Largo's U.S.... More