Largo Resources
phase of expansion seeing output rise to 14,400 t / y within the next three years . This will give the company the ability to supply 10 percent of the global demand by the time it reaches its phase 2 capacity . Largo has also secured a six-year sale contract with Glencore International for 100 percent of all vanadium products from the Maracas mine .
“ We ’ ll expand production and continue to expand production , making Maracas the largest vanadium deposit in the world ,” says Brennan . “ We will be the only pure producer of vanadium people can invest in .”
Largo has other development stage properties within its portfolio including its Northern Dancer project in Canada .
144 August 2014