Largo Terminates Iron Ore Sale Agreement Amid Buyer's Payment Failure
ByAinvest
Monday, Feb 23, 2026 3:06 pm ET1min read
LGO--
Largo has terminated its iron ore sale agreement with a buyer due to their failure to make an initial payment. The company is now assessing the impact of a tariff ruling on the vanadium market and is pursuing discussions with alternative buyers for the sale of up to 4.5 million metric tons of iron ore calcine.
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