Largo maintains 2026 adjusted cash cost guidance of US$ 3.50-4.50 per pound excluding royalties
Bitget2026/10/28 21:39- Largo maintained 2026 guidance for V₂O₅-equivalent production of 10,500–12,000 tonnes, with sales projected at 7,500–9,500 tonnes.
- Adjusted cash operating costs excluding royalties remain forecast at US$ 3.50–4.50 per pound, versus US$ 4.12 in the second quarter.
- Initial copper-PGM concentrate production guidance targets 300–380 tonnes monthly, using existing infrastructure.
- Second-quarter revenue rose 68.5% to US$ 44 million, while adjusted EBITDA reached US$ 2.7 million despite higher input costs.
- A US$ 60.1 million Defense Logistics Agency delivery order through January 2030 is expected to support realized pricing and margins.
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