Largo Inc. (NASDAQ:LGO) Q3 2022 Results Conference Call November 10, 2022 1:00 PM ET

Company Participants

Alex Guthrie - Senior Manager of External Relations

Paulo Misk - President and CEO

Ernest Cleave - Chief Financial Officer

Paul Vollant - VP of Commercial

Conference Call Participants

Alex Jackson - RBC Capital Markets

Gordon Lawson - Paradigm Capital

Operator

Good day and thank you for standing by. Welcome to Largo's Third Quarter 2022 Webcast and Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session.

I would now like to hand the conference over to your speaker today, Alex Guthrie, Senior Manager of External Relations. Please go ahead.

Alex Guthrie

Good morning, everyone. Thanks for joining our third quarter earnings conference call and webcast. On the call today is Paulo Misk, Largo's President and CEO; Ernest Cleave, Largo's Chief Financial Officer; and Paul Vollant, Largo's VP of Commercial.

To accompany the call today, we have uploaded a supplemental webcast presentation, which is also available on our website at largoinc.com. Our Q3 2022 financial statements, related MD&A and most recent AIF are also available on the website, as well as on SEDAR and on EDGAR.

Before continuing the call, I would like to remind you that some of the information you will hear during today's discussion will consist of forward-looking statements, including without limitation, those regarding future business outlook.

Please refer to Slide 2 for a full description of the Company's cautionary notes. The agenda for our call this morning is as follows: Paulo will provide an update on the Company's third quarter progress; followed by Ernest, who will provide an overview of our third quarter financial results; Paulo will close the call with an update on the Company's Sales & Trading progress, the vanadium market and the update on Largo Physical Vanadium. Following these updates, we will then open the call for questions. We ask that participants should restrict their questions to two and then re-queue if there are additional questions to allow others the opportunity to participate.

So with that, I'll turn it over to Paulo.

Paulo Misk

Thank you, Alex. And thanks to everyone for joining our call today. First, I'd like to provide a few highlights of our operational performance this quarter as well as some further updates on the Company's two pillars business strategy. As noted, in our production sales update in October, we encountered some operational challenges this quarter with production in July being impacted by the refractory refurbishment in the kiln and cooler and September should be impacted by lower quantities of ore mined as we transition it to the new mining contractor.