TSX-listed Largo Resources achieved record yearly production of 10 577 t of vanadium pentoxide (V2O5) and the lowest yearly cash operating costs, excluding royalties, achieved to date of $2.95/lb of V2O5 in the year ended December 31. The company also recorded a net loss of $36.2-million in 2019, although this was largely owing to lower vanadium prices and the re-measurement of trade receivables and payables as part of an offtake agreement that expires on April 30.
