• Ferro-Alloy expects results of expanded feasibility study in last quarter of 2022
  • With the help of mining mogul Mick Davis, Ferro Alloy Resources plans to build what could be the lowest cost vanadium project in the world
  • Ferro-Alloy Resources can unlock potential faster with Vision Blue backing, says broker
  • Ferro-Alloy Resources ‘well on track’ with progress on feasibility study for vanadium deposit
Ferro-Alloy Resources Group - Ferro-Alloy Resources pushes ahead with Balasausqandiq development plans

Quick facts: Ferro-Alloy Resources Ltd

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Ferro-Alloy Resources Ltd is a Guernsey registered company, formed in 2000, which is the 100% owner of Firma Balausa LLP, the holder of the rights to develop and exploit the giant Balasausqandiq vanadium deposit in Southern Kazakhstan (Kyzylordinskaya Oblast).

29 Nov 2021

Ferro-Alloy Resources Ltd (LSE:FAR) has updated on the progress of its expanded feasibility study for the large Balasausqandiq vanadium deposit in southern Kazakhastan.

Ferro-Alloy is currently well advanced in the workstreams necessary to produce a bankable study. Following the investments by Vision Blue Resources during 2021, the decision has been taken to expand the scope of the study to include the first phase of development, known as Phase 1, and a follow-up phase, Phase 2.

Phase 1 envisages the treatment of one million tonnes of ore per year to produce 5,600 tonnes of vanadium pentoxide, and Phase 2 envisages an expansion to four million tonnes per year with production rising to 22,400 tonnes of vanadium pentoxide.

Ferro-Alloy has commissioned SRK Consulting (Kazakhstan) Limited to produce the overall feasibility study, with the metallurgy and process plant being covered by Tetra Tech (NASDAQ:TTEK) Inc.

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10 Nov 2021

Ferro-Alloy Resources Ltd (LSE:FAR) reported its first commercial sale of ferro-molybdenum and said it has completed testing for the production of ferro-vanadium.

“These are two important steps towards maximising the value we get from our exiting operation, and further demonstrates our growing technical expertise,” said chief executive Nick Bridgen.

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28 Sep 2021

Ferro-Alloy Resources Ltd (LSE:FAR, FRA:5PE) generated revenues of US$1.5mln during the six months to June 2021 from its vanadium operations in Kazakhstan. That was up significantly on the US$1.1mln generated in the corresponding period of 2020.

The boost reflected higher market prices. However, the delayed delivery of vanadium concentrates curtailed production.

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23 Mar 2021

How successful a mining company could Ferro Alloy Resources Ltd (LON:FAR) turn out to be?

There are several ways to answer that question. The first is that it’s already pretty well set up.

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28 Jun 2021

Ferro-Alloy Resources (LON:FAR) will be able to unlock the potential of the high-grade Balasausqandiq vanadium project in Kazakhstan much faster with the aid of Mick Davis’s Vision Blue Resources (VBR), suggests house broker Shore Capital.

Ferro-Alloy is planning to expand the scope of the current feasibility study to include evaluation of the Phase 2 expansion to 4Mtpa of treated ore producing 22.4kt of V2O5 and to establish the potential value of the associated by-products to be extracted.

As such, additional drilling will now be required for upgrading the Balasausqandiq resource to account for the Phase 2 expansion to JORC standards.

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29 Nov 2021

Ferro-Alloy Resources Ltd (LSE:FAR) (Ferro-Alloy Resources Ltd (LSE:FAR)) Nicholas Bridgen joins Proactive after announcing an update on their progress for its expanded feasibility study for the large Balasausqandiq vanadium deposit in southern Kazakhastan.

He takes viewers through the advancement in their workstreams necessary to produce a bankable study. Following the investments by Vision Blue Resources during 2021, the decision has been taken to expand the scope of the study to include the first phase of development, known as Phase 1, and a follow-up phase, Phase 2.

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Ferro-Alloy Resources ‘well on track’ with progress on feasibility study for…

Ferro-Alloy Resources Ltd (LSE:FAR) (Ferro-Alloy Resources Ltd (LSE:FAR)) Nicholas Bridgen joins Proactive after announcing an update on their progress for its expanded feasibility study for the large Balasausqandiq vanadium deposit in southern Kazakhastan.

He takes viewers through the…

5 hours, 8 minutes ago

3 min read

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