Ferro-Alloy Resources Ltd (LON:FAR) CEO Nick Bridgen joins DirectorsTalk Interviews to discuss the progress of the expanded feasibility study for the large Balasausqandiq vanadium deposit in Southern Kazakhstan.
Nick talks us through the progress on the ground over recent months, particularly post the Vision Blue investment into the company, explains why Balasausqandiq is such an important deposit, what we can expect from ore bodies 2-5, the significance of carbon as a by-product and in Nick´s view what investors can expect in the way of updates now going through 2022.
Ferro-Alloy Resources (LON: FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process. It is planned that output will be increased in stages to reach 22,400 tonnes of vanadium pentoxide per year, mostly in the form of ferro-vanadium.