| Disclosure of operating segments [Table Text Block] |
| |
|
Sales &
trading |
|
|
Mine
properties |
|
|
Corporate |
|
|
Clean
Energy |
|
|
Largo
Physical
Vanadium |
|
|
Inter-
segment
transactions
& other |
|
|
Total |
|
| Year ended December 31, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
$ |
92,421 |
|
$ |
87,357 |
|
$ |
75,824 |
|
$ |
- |
|
$ |
- |
|
$ |
(145,715 |
) |
$ |
109,887 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating costs |
|
(77,234 |
) |
|
(116,206 |
) |
|
(72,893 |
) |
|
- |
|
|
- |
|
|
133,693 |
|
|
(132,640 |
) |
| Professional, consulting and management fees |
|
(2,971 |
) |
|
(1,958 |
) |
|
(5,699 |
) |
|
(1,221 |
) |
|
(651 |
) |
|
- |
|
|
(12,500 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Sales &
trading |
|
|
Mine
properties |
|
|
Corporate |
|
|
Clean
Energy |
|
|
Largo
Physical
Vanadium |
|
|
Inter-
segment
transactions
& other |
|
|
Total |
|
| Foreign exchange (loss) gain |
|
(37 |
) |
|
8,707 |
|
|
(2 |
) |
|
(6 |
) |
|
17 |
|
|
- |
|
|
8,679 |
|
| Other general and administrative expenses |
|
(3,241 |
) |
|
(1,273 |
) |
|
(2,565 |
) |
|
(745 |
) |
|
(180 |
) |
|
(302 |
)1 |
|
(8,306 |
) |
| Share-based payments |
|
- |
|
|
- |
|
|
(2,289 |
) |
|
- |
|
|
- |
|
|
- |
|
|
(2,289 |
) |
| Finance costs |
|
(3,291 |
) |
|
(9,131 |
) |
|
(635 |
) |
|
(3 |
) |
|
(77 |
) |
|
(6 |
)1 |
|
(13,143 |
) |
| Interest income |
|
144 |
|
|
25 |
|
|
109 |
|
|
- |
|
|
5 |
|
|
- |
|
|
283 |
|
| Technology start-up costs |
|
- |
|
|
- |
|
|
- |
|
|
(714 |
) |
|
- |
|
|
- |
|
|
(714 |
) |
| Write-down of vanadium assets |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
294 |
|
|
- |
|
|
294 |
|
| Exploration and evaluation costs |
|
- |
|
|
(198 |
) |
|
- |
|
|
- |
|
|
- |
|
|
(18 |
)2 |
|
(216 |
) |
| Gain on disposal of interest in subsidiary |
|
- |
|
|
- |
|
|
- |
|
|
5,179 |
|
|
- |
|
|
- |
|
|
5,179 |
|
| Share of net loss from investment in associate |
|
- |
|
|
- |
|
|
- |
|
|
(6,189 |
) |
|
- |
|
|
- |
|
|
(6,189 |
) |
| Total (net) expenses |
|
(86,630 |
) |
|
(120,034 |
) |
|
(83,974 |
) |
|
(3,699 |
) |
|
(592 |
) |
|
133,367 |
|
|
(161,562 |
) |
| Net income (loss) before tax |
|
5,791 |
|
|
(32,677 |
) |
|
(8,150 |
) |
|
(3,699 |
) |
|
(592 |
) |
|
(12,348 |
) |
|
(51,675 |
) |
| Income tax expense |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
| Deferred income tax (expense) recovery |
|
(2 |
) |
|
(18,619 |
) |
|
1,558 |
|
|
- |
|
|
- |
|
|
- |
|
|
(17,063 |
) |
| Net income (loss) |
$ |
5,789 |
|
$ |
(51,296 |
) |
$ |
(6,592 |
) |
$ |
(3,699 |
) |
$ |
(592 |
) |
$ |
(12,348 |
) |
$ |
(68,738 |
) |
Revenues
(after inter-segment eliminations) |
|
91,634 |
|
|
16,382 |
|
|
1,871 |
|
|
- |
|
|
- |
|
|
- |
|
|
109,887 |
|
| |
|
Sales &
trading |
|
|
Mine
properties |
|
|
Corporate |
|
|
Clean
Energy |
|
|
Largo
Physical
Vanadium |
|
|
Inter-segment
transactions
& other |
|
|
Total |
|
| Year ended December 31, 2024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
$ |
99,708 |
|
$ |
111,978 |
|
$ |
92,171 |
|
$ |
- |
|
$ |
- |
|
$ |
(178,937 |
) |
$ |
124,920 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating costs |
|
(95,462 |
) |
|
(142,551 |
) |
|
(89,002 |
) |
|
- |
|
|
- |
|
|
181,197 |
|
|
(145,818 |
) |
| Professional, consulting and management fees |
|
(2,323 |
) |
|
(1,875 |
) |
|
(6,086 |
) |
|
(5,481 |
) |
|
(521 |
) |
|
(18 |
) |
|
(16,304 |
) |
| Foreign exchange (loss) gain |
|
(75 |
) |
|
(12,341 |
) |
|
(36 |
) |
|
(27 |
) |
|
(38 |
) |
|
- |
|
|
(12,517 |
) |
| Other general and administrative expenses |
|
(585 |
) |
|
1,069 |
|
|
(2,518 |
) |
|
(2,590 |
) |
|
(186 |
) |
|
(619 |
)1 |
|
(5,429 |
) |
| |
|
Sales &
trading |
|
|
Mine
properties |
|
|
Corporate |
|
|
Clean
Energy |
|
|
Largo
Physical
Vanadium |
|
|
Inter-segment
transactions
& other |
|
|
Total |
|
| Share-based payments |
|
- |
|
|
- |
|
|
(1,321 |
) |
|
- |
|
|
- |
|
|
- |
|
|
(1,321 |
) |
| Finance costs |
|
(678 |
) |
|
(8,653 |
) |
|
83 |
|
|
(39 |
) |
|
(81 |
) |
|
(92 |
)1 |
|
(9,460 |
) |
| Interest income |
|
48 |
|
|
757 |
|
|
700 |
|
|
- |
|
|
18 |
|
|
- |
|
|
1,523 |
|
| Technology start-up costs |
|
- |
|
|
- |
|
|
- |
|
|
(3,392 |
) |
|
- |
|
|
- |
|
|
(3,392 |
) |
| Write-down of vanadium assets |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
(1,119 |
) |
|
- |
|
|
(1,119 |
) |
| Exploration and evaluation costs |
|
- |
|
|
(2,320 |
) |
|
- |
|
|
- |
|
|
- |
|
|
(8 |
)2 |
|
(2,328 |
) |
| Total (net) expenses |
|
(99,075 |
) |
|
(165,914 |
) |
|
(98,180 |
) |
|
(11,529 |
) |
|
(1,927 |
) |
|
180,460 |
|
|
(196,165 |
) |
| Net income (loss) before tax |
|
633 |
|
|
(53,936 |
) |
|
(6,009 |
) |
|
(11,529 |
) |
|
(1,927 |
) |
|
1,523 |
|
|
(71,245 |
) |
| Income tax recovery (expense) |
|
(101 |
) |
|
2,914 |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
2,813 |
|
| Deferred income tax recovery (expense) |
|
19 |
|
|
17,667 |
|
|
181 |
|
|
- |
|
|
- |
|
|
- |
|
|
17,867 |
|
| Net income (loss) |
$ |
551 |
|
$ |
(33,355 |
) |
$ |
(5,828 |
) |
$ |
(11,529 |
) |
$ |
(1,927 |
) |
$ |
1,523 |
|
$ |
(50,565 |
) |
Revenues
(after inter-segment eliminations) |
$ |
99,708 |
|
$ |
24,429 |
|
$ |
783 |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
124,920 |
|
|