Largo Inc. (LGO) Form 6-K — Sep 14, 2026
Largo Inc. executed a definitive debt-restructuring agreement with Caixa Econômica Federal on September 11, 2026, a key step in its broader restructuring with Brazilian bank lenders, with similar definitive agreements with the remaining banks expected in the near term. The company also extended its US$6.0 million promissory note with ARG International AG from February 2027 to February 2028 for a 1% extension fee, while rolling out cost and working-capital initiatives — including temporarily lower mining rates to draw down stockpiles — that push expected 2026 vanadium production toward the lower end of its guidance range. On the commercial side, Largo's first shipment under its 5-year U.S.
Key figures
- Debt Amount
- 6000000
- Extension fee
- 1% of principal
- Dla contract term
- 5-year supply contract for high purity vanadium pentoxide
- Storion energy ownership
- 37.4%
- Promissory note counterparty
- ARG International AG
- Promissory note new maturity
- February 2028
- Promissory note prior maturity
- February 2027
- Debt restructuring agreement date
- September 11, 2026
- Vanadium 2026 production guidance
- toward the lower end of previously announced guidance range
- Copper pgm cash proceeds september 2026
- approximately US$4.7 million
AI analysis
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