Largo Announces Strategic Focus on Higher-Margin Products; Provides Update on Copper-Platinum Group Metal Margins and Potential Expansion; and Further Advances Debt Restructuring
All amounts expressed are in U.S. dollars, denoted by "$".Key Highlights:Higher-margin production strategy: Largo is optimizing its production mix toward high-purity vanadium and copper-platinum group metals ("PGMs") by-products, which currently generate materially higher margins than the Company's standard-grade vanadium products and ferrovanadium ("FeV").Largo's recent sales of copper-PGM concentrates are generating approximately US$4.7 million in revenue and an operating profit margin above...