Be sure to check our sister interview main ratings news website

Demand for steel alloys grows

Steel alloys are mainly used in the steel industry – but battery and energy storage applications mean they will also play an increasingly important role in the energy transition, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).  

Stainless steel: long term growth dominated by China  

Global stainless steel melt production is expected to be about 62 million tonnes (Mt) in 2022, rising to 90 Mt by 2050. China currently accounts for 60% of production and is home to six of the world’s top ten producing companies. It is also expected to be the main driver of future growth, supported by Indonesia and India.  

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.

Read in Full
Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn

More articles like this

Vanadium: The versatile powerhouse driving innovation

3rd January 2025

From renewable energy to medical technology, vanadium is driving progress in multiple industries. Learn more about its role in sustainable innovation and investment opportunities. Ferro-Alloy Resources Ltd is developing the Balasausqandiq vanadium deposit in Kazakhstan.

Key supply chain trends shaping the future of clean energy

15th October 2024

Latest trends in the supply chain for energy storage manufacturers focus on building domestic networks and experimenting with new materials, aiming to shape the future of clean energy. At the recent U.N. Climate Summit, nearly 200

Discovering the fascinating world of Vanadium

3rd October 2024

Vanadium, the transition metal with atomic number 23, may not be as familiar as other elements, but it certainly boasts an array of unique characteristics and applications. This metal, named after Vanadis—the Norse goddess of beauty

The uses and benefits of Vanadium in modern industries

24th September 2024

Vanadium is a versatile and valuable element that plays a critical role in a variety of industries. One of its primary uses is in the production of high-strength steel alloys. When added to steel, vanadium enhances

Vanadium through the ages and its future role in industry

19th September 2024

Vanadium, though less well-known than many other metals, has a rich history and an increasingly important future in modern technology. Its discovery dates back to 1801 when Spanish-Mexican mineralogist Andrés Manuel del Río first identified a

Ferro-Alloy Resources and the growing demand for battery metals

12th September 2024

Battery metals such as lithium, cobalt, nickel, manganese, graphite, and vanadium are essential for the production of batteries, particularly as demand for electric vehicles (EVs) and renewable energy storage continues to rise. This demand has made

Vanadium: From discovery to industrial powerhouse

5th September 2024

Vanadium’s story began in 1801 when del Rio first discovered the element. Unfortunately, his discovery was dismissed by a French chemist, who incorrectly claimed it was merely impure chromium. Trusting this assessment, del Rio accepted the

© 2024 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.