重大事件
外國發行人報告
6-K
2026-07-09
Largo Resources獲美國國防後勤局6,010萬美元固定價格訂單，供應高純度五氧化二釩
AI 繁中摘要
申報類型：6-K（附EX-99.1材料變更報告）
公司：Largo Inc.（加拿大安大略省）
重大變更日期：2026年7月1日
Largo 旗下子公司 Largo Resources USA Inc. 獲美國國防後勤局戰略物資（DLA）發出總值 6,010 萬美元（USD）的固定價格交付訂單，履行期至 2030 年 1 月。這是該公司早前贏得五年期「不定交付數量」（IDIQ）合約後的首張訂單；該 IDIQ 合約整體上限為 1.25 億美元。
訂單內容：供應高純度五氧化二釩（V₂O₅），用於支持美國國防儲備、航空級鈦合金、先進國防製造及新興儲能技術。定價以 2026 年 V₂O₅ 基準指數溢價計算，其後每年遞增 10%。DLA 對純度及質量有嚴格要求。
此合約經過長時間審查，確認 Largo 已納入美國國防工業基地及關鍵物料供應鏈，成為美國政府及國防部的認可供應商。Largo USA 將負責所有合約執行，包括客戶對接、物流、品質保證及交付。
⚠️ 注意：IDIQ 合約不保證最低採購量，實際訂單金額可能低於上限，美國政府亦有權基於便利性終止或修改合約，未來訂單數量存在不確定性。
對投資者潛在影響：正面——此訂單確認 Largo 在高純度釩產品的戰略地位，為未來國防及能源相關收入提供可見度；但 IDIQ 結構令收入預測存在變數，需留意後續訂單動態。
展開英文正文
EX-99.1
2
exhibit99-1.htm
EXHIBIT 99.1
Largo Inc.: Exhibit 99.1 - Filed by newsfilecorp.com
FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Largo Inc. (the "Company")199 Bay StreetCommerce Court West, Suite 5300Toronto, Ontario, Canada M5L 1B9
Item 2 Date of Material Change
July 1, 2026.
Item 3 News Release
On July 7, 2026, the Company issued a news release indicating the material change, which was disseminated on Newsfile and subsequently filed on SEDAR+.
Item 4 Summary of Material Change
On July 1, 2026, the Company's subsidiary, Largo Resources USA Inc. ("Largo USA"), received a US$60.1 million firm-fixed-price delivery order, extending through January 2030, from the U.S. Defense Logistics Agency Strategic Materials ("DLA") under the Company's recently awarded five-year indefinite delivery, indefinite quantity ("IDIQ") contract to supply of high-purity vanadium pentoxide ("V2O5") in support of the U.S. National Defense Stockpile (the "Contract"). This is Largo's first delivery order under DLA's multiple awardee IDIQ contract that currently has a stated overall maximum value of $125 million.
Item 5.1 Full Description of Material Change
On July 1, 2026, the Company's subsidiary, Largo USA, received a US$60.1 million firm-fixed-price delivery order, extending through January 2030, under the Company's recently awarded Contract by the DLA for the supply of high-purity V2O5 in support of the U.S. National Defense Stockpile. This is Largo's first delivery order under DLA's multiple awardee IDIQ contract that currently has a stated overall maximum value of $125 million.
The Contract provides for firm-fixed-price delivery orders to be issued over a five-year ordering period, with flexible delivery schedules subject to the terms and conditions of the award. The price is fixed per pound of V2O5 at a premium above current benchmark V2O5 price indexes in 2026, escalating 10% each year thereafter. The V2O5 supplied must meet stringent purity and quality specifications established by DLA, supporting aerospace-grade titanium alloys, advanced defense manufacturing, and emerging energy storage technologies.
Following a lengthy review and vetting process, the award establishes the Company as an approved supplier within the U.S. defense industrial base and critical materials ecosystem and positions the Company as part of the supply chain for the U.S. Government and the Department of Defense. Largo USA will serve as the contracting entity for all U.S. Government contract requirements, encompassing customer engagement, logistics coordination, quality assurance, compliance, and delivery execution. However, as an IDIQ arrangement, the Contract does not guarantee a minimum quantity of delivery orders, the value of actual orders may be less than the contract ceiling and the U.S. Government may terminate or modify the Contract for convenience. There can be no assurance of future delivery orders from the DLA.
Item 5.2 Disclosure for Restructuring Transactions
Not applicable.
Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
Item 7 Omitted Information
Not applicable.
Item 8 Executive Officer
Further information regarding the matters described in this report may be obtained from Daniel Tellechea, Co-Chief Executive Officer, at 416-861-9797 or [email protected].
Item 9 Date of Report
July 8, 2026