Ferro-Alloy Resources Boosted By Pilot Plant Tweaks At Balasausqandiq

Ferro-Alloy Resources Ltd (LSE:FAR)’s (Ferro-Alloy Resources Ltd (LSE:FAR)) chief executive, Nick Bridgen, spoke with Proactive about the company’s operations in Kazakhstan, where it is developing one of the world’s largest¬†vanadium¬†projects.
Drilling for the enhanced feasibility study is almost complete, which will feed into a new resource estimate, while metallurgical testing will be released at the end of the year ahead of the full study in 2023.
A recent placing will give it the cash to accelerate the pilot project prior to getting the funding to build the new mine at Balasausqandiq.
Tweaks recently have added by-products that can double the revenue being generated from the ore, says Bridgen, while carbon black for tyres is another possible avenue, he adds.