# EDGAR Filing Document

**Accession Number:** 0001400438
**File Stem:** 0001062993-26-000263
**Filing Date:** 2026-1
**Character Count:** 4748
**Document Hash:** 071246f4a55989dba35b4283eda27cab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-26-000263.hdr.sgml**: 20260115

**ACCESSION NUMBER**: 0001062993-26-000263

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260114

**FILED AS OF DATE**: 20260115

**DATE AS OF CHANGE**: 20260115

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Largo Inc.
- **CENTRAL INDEX KEY:** 0001400438
- **STANDARD INDUSTRIAL CLASSIFICATION:** MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40333
- **FILM NUMBER:** 26534667

**BUSINESS ADDRESS:**
- **STREET 1:** FIRST CANADIAN PLACE, 100 KING ST., WEST
- **STREET 2:** SUITE 1600
- **CITY:** Toronto, Ontario
- **STATE:** A6
- **ZIP:** M5X 1G5
- **BUSINESS PHONE:** 4168619797

**MAIL ADDRESS:**
- **STREET 1:** FIRST CANADIAN PLACE, 100 KING ST., WEST
- **STREET 2:** SUITE 1600
- **CITY:** Toronto, Ontario
- **STATE:** A6
- **ZIP:** M5X 1G5

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Largo Resources Ltd.
- **DATE OF NAME CHANGE:** 20070523

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER** 

**PURSUANT TO RULE 13a-16 OR 15d-16** 

**UNDER THE SECURITIES EXCHANGE ACT OF 1934** 

For the month of **<u>January 2026</u>**

Commission File Number: **<u>001-40333</u>**

**<u>LARGO INC.</u>** 

(Translation of registrant's name into English)

**1 First Canadian Place, 100 King Street West, Suite 1600**

**Toronto, Ontario M5X 1G5**

<u>**Canada**</u>

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☐ Form 40-F ☒

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**Exhibit Index**

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| | |
|:---|:---|
| **Exhibit** | **Description** |
| [99.1](exhibit99-1.htm) | [Material Change Report dated January 14, 2026](exhibit99-1.htm) |

---

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**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 15, 2026

LARGO INC.

By: <u>/s/ Daniel Tellechea</u><br>Name: Daniel Tellechea<br>Title: Co-Chief Executive Officer

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## Exhibit 99.1

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**FORM 51-102F3**

**MATERIAL CHANGE REPORT**

**Item 1 Name and Address of Company** 

Largo Inc. (the "**Company**")

First Canadian Place

100 King Street West, Suite 1600

Toronto, Ontario, Canada M5X 1G5

**Item 2 Date of Material Change**

January 5, 2026.

**Item 3 News Release** 

On January 5, 2026, the Company issued a news release indicating the material change, which was disseminated on the Business Wire news service.

**Item 4 Summary of Material Change**

On December 31, 2025, the Company received a binding term sheet for the sale of approximately 4.5 million tons of iron ore calcine for an aggregate consideration of US$56 million (the "**Proposed Transaction**"). The Proposed Transaction is expected to provide near-term, non-dilutive liquidity and to optimize the Company's asset portfolio by monetizing a non-core material stream associated with its operations.

**Item 5.1 Full Description of Material Change**

On December 31, 2025, the Company received a binding term sheet for the sale of approximately 4.5 million tons of iron ore calcine for an aggregate consideration of US$56 million. The Proposed Transaction is expected to provide near-term, non-dilutive liquidity and to optimize the Company's asset portfolio by monetizing a non-core material stream associated with its operations.

The binding term sheet outlines the principal commercial terms for a multi-year Ex Works contract, subject to final documentation, amendments to certain commercial terms, and customary conditions for transactions of this nature.

The Company views this term sheet as an opportunity to unlock value from accumulated materials, reduce future infrastructure requirements for stockpiles and reduce disposal costs while maintaining focus on its primary vanadium business.

**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.

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**Item 8 Executive Officer** 

Further information regarding the matters described in this report may be obtained from Daniel Tellechea, Co-Chief Executive Officer & Director, at 416-861-9797 or info@largoinc.com.

**Item 9 Date of Report** 

January 14, 2026

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