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Working at Largo Resources

Zippia score 4.2

Overview

Revenue

Reviews

CEO & Executives

Largo Resources overview

Industry
Metals and Mining
Revenue
$101.2M
Employees
379
Founded in
Organization type
Public
CEO
Mark Alan Smith
Social media
Largo Resources Ltd. (TSX-V:LGO) is a mid-tier mining development company primarily focused on ramping-up production of vanadium at its Maracás Menchen Mine in Brazil. Largo has accomplished a unique feat in the mining industry, by successfully financing, building and bringing a project to production in a trying market environment and in a unique commodity. Largo's Maracás Menchen Mine boasts the highest grade vanadium deposit yet discovered and is expected to be a low cost producer. With an off-take in place with commodities giant Glencore, Largo is well positioned to become the leading producer of vanadium globally and expects to generate substantial cash-flows. Vanadium is primarily used as an alloy to strengthen steel and reduce its weight. Vanadium enhanced steels are used in a vast and growing range of products that we use and encounter every day; including, rebar, automobiles, transport infrastructure etc. With a compound annual growth rate of over 6% for the past several years, vanadium is a bourgeoning commodity, with concentrated supply which lacks opportunities for investment in the wider market place. As trends in the steel industry now demand increasingly stronger and lighter products for advanced applications, the use of vanadium is expected to continue this growth over the medium and long term. As Largo ramps-up production at its Maracás Menchen Mine and begins generating cash-flow, it presents a unique opportunity for investors to gain exposure to the vanadium market.
Based in the United States, Largo Resources is a medium-sized manufacturing company with 379 employees and a revenue of $101.2M.

Largo Resources's mission statement

To superior quality and innovation: we're constantly striving for the highest quality solutions and perpetually innovating to achieve a sustainable future. We promote integrity throughout our business: we define integrity as respecting people and communities, including prioritizing their safety.

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The team at Largo Resources

  • The founders of Largo Resources is Mark Brennan.
  • The key people at Largo Resources are Mark Alan Smith and Mark Brennan.
Key people
Mark Alan Smith
Mark Brennan

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Largo Resources financial performance

9.8
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Updated March 14, 2024

Zippia gives an in-depth look into the details of Largo Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Largo Resources. The employee data is based on information from people who have self-reported their past or current employments at Largo Resources. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Largo Resources. The data presented on this page does not represent the view of Largo Resources and its employees or that of Zippia.

Largo Resources may also be known as or be related to LARGO RESOURCES LTD, Largo Resources and Largo Resources Ltd.