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VSA Capital Market Movers - Ferro Alloy Resources
Ferro Alloy Resources (LON:FAR) has provided an update on the Bankable Feasibility Study which has been a key workstream since Vision Blue Resources (VBR) investment earlier this year.
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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 (LON:FAR) has provided an update on the Bankable Feasibility Study which has been a key workstream since Vision Blue Resources (VBR) investment earlier this year.
World demand for vanadium is growing as more vanadium flow batteries are manufactured
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Ferro Alloy Resources (LON:FAR) has announced the first sale of ferro-molybdenum and that the testing of the production of ferro-vanadium has been successfully completed enabling the company to choose which products it produces to maximise
"Our existing operations now fulfil their objective of providing cash flows to support our feasibility study and ongoing development of the Balasausqandiq deposit," said chief executive Nick Bridgen.
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Ferro-Alloy Resources Group (LON:FAR) has announced interim results for H1 2021 and despite disruption due to logistics issues, which have now been resolved, the earnings performance improved. V2O5 equivalent was down 9% YoY to 88t in H1 20
Ferro Alloys is developing one of the world's lowest cost vanadium projects
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Ferro Alloy Resources (LON:FAR) has announced the start of higher value product output with the addition of ferro molybdenum and vanadium pentoxide. The company has to date produced a precursor to V2O5; ammonium metavandate which typically
It is making changes to the processing of by-products to avoid discounted prices
Ferro Alloys expects to become the world's lowest cost producer of vanadium
Ferro-Alloy is planning to expand the scope of the current feasibility study to include evaluation of the Phase 2 expansion
The compelling economics at Balasausqandiq continue to attract funds from one of the world's most experienced investors
Sir Mick Davis, former head of Xstrata Alloys, is to become chairman in the coming days.
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American Lithium (CVE:LI) has announced the results of further flowsheet testwork demonstrating strong results from mechanical beneficiation. Hydro cyclone seperators were used in lab conditions to demonstrate the potential for increasing t
The placing was undertaken by Bridgen as part of a previously announced divorce settlement to his ex-wife
Vanadium is used to manufacture batteries and high quality steel
Christopher Thomas is stepping aside as chairman in favour of Davis
Ferro-Alloy Resources has to date been focussed primarily on vanadium production
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Ferro Alloy Resources (LON:FAR) has announced further positive production, reporting 188t V2O5 in the first 9mo20, up 72% YoY. A record of 90t of V2O5 was produced during Q3 2020 up 135% YoY as recent enhancements have had a rapid impact on
Some 90 tonnes were produced in the third quarter, taking the nine-month tally to 188 tonnes
A dissociation oven should be completed by the end of the year, which will enable the production of vanadium pentoxide powder and eliminate the discount which applies to the current production output