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Topic: largo

A sample of vanadium metal
Markets
Wednesday, 7/8, 04:41 PM

Largo Wins a $60 Million US Defense Vanadium Order

  • Vanadium producer Largo has secured a $60.1 million order from the US Defense Logistics Agency to supply the metal for the country's National Defense Stockpile, part of a five-year contract worth up to $125 million.
  • For a company whose shares have been trading near multi-year lows, a multi-year government customer is a notable lift, and a small window onto Washington's push to secure critical minerals.

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