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Ferro-Alloy Resources continuing low-cost operations at flagship Vanadium project despite outbreak

Ferro-Alloy Resources' (LON:FAR) Nick Bridgen tells Proactive London's Andrew Scott operations continue at its Vanadium project in Southern Kazakhstan despite the coronavirus outbreak.

''We're operating a fairly small plant which was an adaptation of our pilot plant where we tested our process for the big project''.

Bridgen goes on to explain why they have a process which he says is about 40% of the capital cost and 40% of the operating cost of everybody else in the vanadium space.

Quick facts: Ferro-Alloy Resources Group

Price: 12.05 GBX

LSE:FAR
Market: LSE
Market Cap: £37.71 m
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Ferro-Alloy Resources 'extremely active' after first commercial sale of...

Ferro-Alloy Resources Ltd's (LON:FAR) Nick Bridgen talks to Proactive London about their first commercial production and sale of calcium molybdate. Bridgen explains what the product is used for, the production of ferromolybdenum, molybdenum-containing alloys, ceramics and direct alloying of...

on 27/10/20

2 min read