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Largo Reports Q1 2025 Financial Results with Continued Focus on Production Stability and Cost Reduction Efforts

Summary by The AI Journal
All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated. Q1 2025 and Other Highlights Revenues of $28.2 million in Q1 2025 vs. 42.2 million in Q1 2024; Revenues per pound sold1 of $6.04 in Q1 2025 vs. $6.91 in Q1 2024; Lower revenues are a result of continued downward pressure in vanadium prices and lower sales volumes Operating costs of $42.5 million in Q1 2025, 15% below Q1 2024 Adjusted cash operating costs…
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The AI Journal broke the news in on Wednesday, May 14, 2025.
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