Currently viewing Global edition

Largo to terminate Glencore offtake accord

Canadian vanadium producer Largo Resources has given diversified mining house Glencore International notice that it will not renew a long-term offtake agreement between the companies in April next year.

Largo to terminate Glencore offtake accord Largo to terminate Glencore offtake accord Largo to terminate Glencore offtake accord Largo to terminate Glencore offtake accord Largo to terminate Glencore offtake accord

Largo Resources is cancelling an offtake agreement with Glencore next year

Toronto-headquartered Largo signed an offtake agreement with Glencore on May 14, 2008, which laid the foundation for securing initial financing to build the company's flagship Maracás Menchen