Largo Reports Fourth Quarter and Full Year 2025 Financial Results Reflecting the Impact of U.S. Tariffs on Q4 2025 Sales; Stronger Operating Momentum with Further Positive Copper-Platinum Group Metals Flotation Test Results and Benefit from Recent U.S. Tariff Relief Entering 2026
Largo Inc. reported a net loss of $17.2 million for Q4 2025 and $68.7 million for the full year, primarily due to U.S. tariffs impacting vanadium sales. Despite financial challenges, the company achieved operational improvements, including a 40% increase in ore mined and a 67% increase in V2O5 production in Q4 2025, and announced positive industrial-scale flotation test results for copper and platinum group metals. The recent elimination of U.S. tariffs and new financing initiatives are expected to improve future performance.