What we own

Anglo Pacific has a 2% NSR royalty on all mineral products sold from the area of the Maracás Menchen project to which the royalty interest relates. The project is located 250km south-west of the city of Salvador, the capital of Bahia State, Brazil and is 99.97% owned and operated by TSX Venture Exchange listed Largo Resources Limited (‘Largo’).

Performance

The Group received income from Maracás in the six months ended June 30, 2017, an increase of 219% compared to the corresponding period in 2016 through a combination of strong production volumes and a recovery in the vanadium price.