Largo Resources Releases its 2019 Sustainability Report

Largo Resources Releases its 2019

Sustainability Report

TORONTO

,

July 20, 2020

/CNW/ - Largo Resources Ltd. ("

Largo

" or the "

Company

") (TSX: LGO)

(OTCQX: LGORF) is pleased to announce the release of its 2019 sustainability report, highlighted

by new performance metrics and reporting standards.

Paulo Misk, President and Chief Executive Officer stated

: "Largo's second annual report on

sustainability performance marks another significant milestone in achieving

our objective of

becoming an industry leader in responsible mining practices. In 2019, we increased our diligence

in measuring ourselves against rigorous international standards by engaging EcoVadis, a third-

party corporate social responsibility auditor, and by making material progress toward ISO

certification. In addition, our 2019 sustainability report is now guided, in part, by SASB, the

Sustainability Accounting Standards Board. This approach to sustainability reporting sets a new

standard for open and transparent communication and we plan to continually improve our

disclosures in the years to come."

He continued: "

Vanadium is a critical 'green metal' used in the world's transition to a low carbon

future. Our high environmental standards combined with the Company's low-impact operations

remain key in producing our VPURE™ and VPURE+™ products, which are a component in lighter,

stronger steel and aluminum alloys, as well as in grid-level energy storage with vanadium redox

flow batteries."

He concluded:

"Looking to the future, we at Largo will strive to maintain our status

as the industry preferred producer and supplier of vanadium, with high standards of transparency

in all aspects of our business. We look forward to achieving the goals we have set out for 2020,

and we will continue to ensure sustainability remains at the heart of what we do best: producing a

majority of the world's highest-grade vanadium, responsibly."

The report is available for download within the Responsibility section of our website at

www.largoresources.com/responsibility-page

.

Below: Largo Resources' 2019 Sustainability Report

Largo Resources’ 2019 Sustainability Report (CNW Group/Largo Resources Ltd.)

About Largo Resources

Largo Resources is an industry preferred producer and supplier of vanadium. Largo's VPURE™ and

VPURE+™ products are sourced from one of the world's highest-grade vanadium deposits at the

Maracás Menchen Mine located in

Brazil

. The Company's common shares are principally listed on

the Toronto Stock Exchange under the symbol "LGO". For more information on Largo and

VPURE™, please visit

www.largoresources.com

and

www.largoVPURE.com

.

Neither the Toronto Stock Exchange (nor its regulatory service provider) accepts responsibility for

the adequacy or accuracy of this press release.

SOURCE

Largo Resources Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2020/20/c7388.html

%SEDAR: 00005504E

For further information:

Alex Guthrie, Manager, Investor Relations and Communications,

[email protected], Tel: +1 416-861-9797

CO: Largo Resources Ltd.

CNW 07:00e 20-JUL-20