?> Ferro-Alloy Resources production up in Q1 2024 despite weather challenges - DirectorsTalk

Ferro-Alloy Resources production up in Q1 2024 despite weather challenges

Ferro-Alloy Resources Limited reports a robust increase in production for Q1 of 2024 despite severe weather challenges in Kazakhstan, including flooding and transport delays.

The company has implemented several improvements at their plant to boost recovery and reduce emissions, with more upgrades like two new drying ovens set to come online shortly.

While early Q2 production faced flood-related setbacks, ongoing improvements and stable feedstock supplies promise to support uninterrupted production and mitigate market price risks.

Ferro-Alloy Resources Ltd (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.

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

More articles like this

Key supply chain trends shaping the future of clean energy

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

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

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

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

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

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

The next big opportunity….

The shift from fossil fuels to electric power is gaining momentum, with supercars and private jets among the latest to transition to battery power. Ferrari’s CEO, Benedetto Vigna, recently announced the upcoming release of the company’s

Vanadium’s unique properties and industrial significance

Vanadium, a transition metal, is notable for its natural resistance to corrosion and its stability when exposed to alkalis, acids, and saltwater. This metal is naturally found in more than 60 minerals, including vanadinite, carnotite, roscoelite,

Vanadium Flow Batteries: A new era in energy storage

Imagine a battery where energy is stored in liquid solutions rather than solid electrodes. This is the fundamental principle of Vanadium Flow Batteries, which utilise vanadium ions in four different oxidation states, derived from vanadium pentoxide

Driving growth in a dynamic market

The ferro-alloy sector is witnessing a remarkable transformation driven by increasing demand for specialised metals essential to various high-tech and industrial applications. The growing adoption of electric vehicles, renewable energy technologies, and advanced manufacturing processes has

History of Vanadium

In 1831, Swedish scientist Sefstrom officially discovered vanadium, naming it after Vanadis, the Swedish Goddess of Beauty and Fertility, inspired by the attractive brilliant colours of its compounds. This name proved fitting, as vanadium has led

Ferro-Alloy Resources vanadium pentoxide production up 7% from Q1

Ferro-Alloy Resources Ltd (LON:FAR), the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, has announced the production results of the Group’s existing operation for Q2 2024. Q2 Production Results 2023 2024 Q12023 Q22023

Vanadium in VRFB energy storage

Vanadium, a lesser-known but vital metal, is making significant strides in the field of energy storage. This transition is largely due to its application in Vanadium Redox Flow Batteries (VRFB), a technology that promises to revolutionise

Vanadium’s impact on innovation and sustainability

Vanadium, a transition metal named after the Scandinavian goddess Vanadis, has been increasingly recognised for its remarkable properties and potential to revolutionise various industries. As the world continues to seek sustainable solutions and innovative technologies, vanadium