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Largo Inc.
5/16/2024
Good day and thank you for standing by. Welcome to LAGO's first quarter 2024 financial results conference call. At this time, all participants are in a listen-only mode. After the speaker's 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.
Thank you, operator, and thanks to all those who could attend our first quarter 2024 conference call today. Largo's Q1 2024 financial statements, related MD&A, and most recent AIF can be accessed on our website at largoinc.com, as well as on our CDR Plus and EDGAR profiles. 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 the cautionary statements in the related MD&A, Consolidated Financial Statements, and AIF, which can be found on our website within the Investor Relations section. And finally, all figures are in U.S. dollars unless otherwise stated. On the call today is Danielle Talicea, Largo's Interim CEO and Director, Celio Pereira, Largo's Brazil's Chief Operating Officer, Ernest Cleave, Largo's Chief Financial Officer, Paul Vallant, Largo's Chief Commercial Officer, and Francesco D'Alessio, the president of Largo Clean Energy. Following delivery of the prepared remarks, we'll open the call to questions. We ask that participants restrict their questions to two and then re-queue if there are additional questions to allow the others the opportunity to participate. I'll now turn the call over to Daniel. Daniel, please go ahead.
Yeah, thank you. Good morning, everyone, and thank you for joining us today for Largo's first quarter 2024 earnings call. As our team takes you through our first quarter financial results and discusses our strategy moving forward, I will keep my particular remarks brief. At Largo, our main focus remains on improving production efficiencies and reducing cash costs to return to profitability. especially amidst the current period of low vanadium prices. We recognize the challenges posed by the current market conditions, and our commitment to improving our performance remains top priority. With a new operating team in place, we're confident in our ability to drive productivity improvements and operational excellence going forward at our Maracas mentioned mine. Now, I would like to introduce Helio Pereira, our Chief Operating Officer from Largo, Brazil, who will provide a more comprehensive view of our operational improvement plans going forward. Our productivity initiatives, along with his operational leadership, are helping us navigate through these challenges to emerge in stronger in the future. Celio, pass to you. Celio?
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