As many other countries around the world, Kazakhstan suffered a challenging situation regarding the spread of the COVID-19 pandemic towards the end of June and the first two weeks of July. The disease was spreading fast, hospitals were short on bed spaces and medical workers were struggling to keep up with the increasing number of infected people. The government had to take concrete and reactive measures to stop the spread of the coronavirus. For this reason, lockdown measures were reintroduced on July 5.
Fortunately, the measures have had a desired effect. Within the last three weeks, there has been a significant, nearly two-fold decrease in daily coronavirus cases. This applies to almost all regions of the country. It is therefore possible to state with some caution that the situation has stabilised.
Ferro-Alloy Resources Limited (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.
