Largo Resources Ltd (TSX: LGO) is pleased to report second quarter 2018 production results highlighting a new average daily production record of 29.4 tonnes of vanadium pentoxide (“V2O5”) produced per day in June.
Total production from the Maracás Menchen Mine in the second quarter of 2018 was 2,458 tonnes of V2O5 representing a 13% increase over Q2 2017 and an 11% increase over Q1 2018.
Anglo Pacific Group PLC (LON:APF) has a 2% NSR royalty on all mineral products sold from the area of the Maracás Menchen project to which the royalty interest relates.