Largo Appoints Co-COOs to Strengthen Operational Leadership

Largo Inc. (TSX: LGO) (NASDAQ: LGO) has announced a significant leadership transition, appointing Gordon Babcock and Luis Rendón as Co-Chief Operating Officers (COOs) following the resignation of former COO Celio Pereira. This strategic move aligns with the company's broader turnaround strategy focused on operational improvements in Brazil, aiming to enhance efficiency, improve cost control, and optimize production at the Maracás Menchen Mine.

Gordon Babcock, a mining professional with over 40 years of experience in mine operations, engineering, and project development, has held senior leadership roles at multiple mining companies. His expertise in driving operational efficiency and production stability, as demonstrated in his roles as COO at Sierra Metals and Jaguar Mining, will be instrumental in advancing Largo's operational realignment. Babcock's background in mine planning, operational optimization, and cost reduction strategies will also enable him to focus on Health, Safety, and Environment (HSE) aspects, ensuring the mine operates safely and responsibly while minimizing environmental impact.

Luis Rendón, a metallurgical engineer with over 40 years of experience in mineral processing, plant operations, and cost optimization, has held senior leadership roles at Sierra Metals, Compañía Minera Kolpa, and Pan American Silver. His expertise in managing plant expansions, implementing advanced metallurgical techniques, and optimizing production processes will help Largo improve the efficiency of its mineral processing and plant operations, further contributing to cost control and overall operational efficiency. Rendón's background in metallurgical enhancements and production planning will also enable him to focus on ensuring the quality of Largo's products meets customer specifications, helping maintain the Company's reputation as a globally recognized supplier of high-quality vanadium and ilmenite products.

The Co-COO structure, with each executive assuming responsibility for distinct operational areas, is intended to enhance oversight of the Company's operations and improve efficiencies. This strategic move aligns with Largo's broader turnaround strategy focused on operational improvements in Brazil, aiming to enhance efficiency, improve cost control, and optimize production at the Maracás Menchen Mine.




In conclusion, the appointment of Gordon Babcock and Luis Rendón as Co-COOs at Largo Inc. is expected to significantly enhance operational efficiency and cost control at the Maracás Menchen Mine. Their extensive experience and expertise in mine management, engineering, and production optimization align with Largo's broader turnaround strategy, with expected outcomes including enhanced operational oversight, operational realignment, improved cost control, and support for the Company's two-pillar strategy as a tier one vanadium supplier with an emerging U.S.-based energy storage business.