Largo is shifting its production focus toward high-margin high-purity vanadium and copper-PGM concentrates, the latter of which is yielding operating margins above 90%. The company is also advancing its debt restructuring, having secured definitive agreements for 48% of its commercial bank senior debt.
Largo is optimizing its production mix to focus on high-margin high-purity vanadium and copper-PGM concentrates, which currently yield operating margins above 90%. The company is also advancing debt restructuring, having secured definitive agreements for 48% of its commercial bank senior debt.
VanadiumCorp has entered the third year of a mineral processing research collaboration with Université de Sherbrooke. The program focuses on evaluating upstream processing pathways for vanadium, titanium, and iron mineralization at the Lac Doré property in Québec.
SAGA Metals has successfully completed Stage 1 metallurgical scoping tests at its Radar Critical Minerals Project using Temas Resources' proprietary RCL technology. The tests achieved high recoveries, including 97.4% for vanadium and up to 90.8% for titanium, supporting advancement to a Stage 2 optimization program.
Phenom Resources Corp. has filed a U.S. provisional patent application for a new vanadium-nickel metallurgical flowsheet. Testwork conducted at SGS Canada demonstrated approximately 80% vanadium and 75% nickel recovery from a high-grade offshore source.
SAGA Metals has released preliminary Davis Tube Analysis (DTA) results from the Hawkeye zone of its Radar Project, showing vanadium pentoxide (V2O5) enrichment in magnetic concentrates up to 0.9%. The results also indicate that a large portion of titanium reports to the non-magnetic fraction, potentially allowing for separate iron-vanadium and titanium-rich streams.
Transition Metals Corp. has acquired a 100% interest in the Empire Lake Project in Ontario, a vanadium-rich property with historical mineralization up to 0.63% V2O5. Additionally, the company has updated its financing plans, reducing its intended private placement target from $1,000,000 to $750,000.
VanadiumCorp has reported results from an Ambient Noise Tomography (ANT) geophysical survey at the Lac Doré Vanadium Project, which suggests the known vanadium-titanium-magnetite trend may extend at depth. The company also restated a historical mineral resource estimate from 2020, which it notes is unverified and not being treated as a current resource.
Elcora has reported high-grade vanadium (3.76% to 5.52%) and lead (25.26% to 37.69%) from surface rock samples at the Tissaf property in Morocco. The results highlight significant potential for critical mineral supply, though the company noted that no QA/QC samples were included in this specific sampling program.
Largo Inc. reported strong Q1 2026 results, highlighted by a 101.7% increase in vanadium pentoxide production and a 90.8% increase in ore mined. The company also filed a regulatory request in Brazil to formalize the production and sale of copper, nickel, cobalt, and PGMs as by-products, supported by positive metallurgical test results.
