Vanadium producer Largo Resources has postponed construction of its ferro-vanadium conversion plant at its Maracas Menchen mine in Brazil due to Covid-19 preventative measures, the company said in its first-quarter earnings release on Tuesday May 12.
"The company is continuing to monitor the rapidly developing impacts of the Covid-19 pandemic and will take all possible actions to help minimize the impact on the company and its people," Largo said.For the time being, there have been no interruptions to the company's operations or with the shipment of material from the mine, Largo said, noting that it continues to maintain its production, sales and cost...