Largo Resources Cuts Costs and Boosts Production
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Largo Resources Cuts Costs and Boosts Production

Largo Resources (TSE:LGO) has released an update.

Largo Resources reported a significant 31% reduction in operating costs for Q3 2024, despite a challenging vanadium market with declining prices. The company achieved a 42% increase in vanadium production, marking its highest quarterly output in seven quarters. These strategic improvements aim to bolster Largo’s financial health while navigating a competitive market landscape.

For further insights into TSE:LGO stock, check out TipRanks’ Stock Analysis page.

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