Ferro-Alloy's Balasausqandiq project still main value driver, says broker
Supply problems will hit this year but longer-term opportunity intact, ShoreCap says
Company
Ferro-Alloy Resources Ltd
LON:FAR
Ferro-Alloy Resources Ltd is a Guernsey registered company which holds, through its wholly owned subsidiary undertakings, the rights to explore, develop and exploit the giant Balasausqandiq vanadium deposit in the Kyzlorda Oblast of Southern Kazakhstan.
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Ferro-Alloy Resources tipped 'to deliver' in 2023 by house broker
“Given developments to date, we are reasonably confident that 2023 will prove to be FAR’s year of delivery”
Ferro-Alloy Resources can become tier-1 vanadium producer says broker
The fundraise was effectively underwritten by Sir Mick Davis’s Vision Blue Resources
Ferro-Alloy Resources confirms it raised around £8.6mln from placing, share subscription and PrimaryBid offer
The company had said the funds raised will be used to complete a feasibility study for the giant Balasausqandiq vanadium deposit in Southern Kazakhstan as soon as possible
Investments and investor services
Ferro-Alloy Resources plans to raise £8.6mln to complete feasibility study for giant Balasausqandiq vanadium deposit
It also reported a 160% jump in first-half revenue and said it expects revenue to exceed US$3.9mln in the second half
Ferro-Alloy Resources identifies thicker sections of vanadium in Kazakhstan
Other areas of the study have indicated high vanadium recovery rates with a low level of acid required
Ferro-Alloy sales soar as 2022 begins profitably
The Southern Kazakhstan-based vanadium mining company reported production rates 70% ahead of the 2020 average in last year's second half
Ferro-Alloy names William Callewaert as its new CFO
Most recently, he held the position of director at BDO in Guernsey
Ferro-Alloy says operations unaffected by Ukraine crisis
The vanadium group said it alternative suppliers for materials currently sourced from Russia