Largo Resources Ltd. announced that it is mobilizing for electrical-mechanical erection at its Maracas Vanadium Project in Bahia Brazil. The electrical-mechanical contractor is presently mobilizing to begin construction at the Project site. Electrical-mechanical erection encompasses the construction and assembly of all the main components of the process plant and will continue through to commissioning in fourth quarter of 2013.

Current construction activities at the Project site continue to progress on schedule and on budget. Civil construction is proceeding on track with main foundations either near complete or well advanced. The erection of administrative buildings is proceeding exceptionally well and the construction management group at site will shortly be relocated from the current temporary site offices.

Installation of the main plant steel piperack is making headway and will be completed shortly following the laying of electrical and piping materials that they will support. The procurement process is well advanced with 95% of the required purchase orders for securing equipment and services already having been placed.