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

20232024
Q12023Q22023H12023FY 2023Q12024Q22024Q1 / Q2 % changeH12024H1 % change
 
Tonnes of concentrate processed194.11,016.61,210.72,228.0668.6777.5+16.3%1,446.1+19.4%
      
Tonnes of vanadium pentoxide produced*31.3141.4172.7310.581.687.6+7.4%169.2-2.0%
      
Tonnes of molybdenum produced**6.514.120.634.47.16.9-2.8%14.0-32.0%
      
Tonnes of nickel produced***9.750.860.5111.433.438.8+16.2%72.2+19.3%

*     partly contained in ammonium metavanadate

**   in ferro-molybdenum

*** in nickel concentrate

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

More articles like this

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

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

Resurgence in ferroalloy industry drives growth opportunities

The ferroalloy industry is experiencing a resurgence, driven by increasing global demand for steel and high-performance alloys. As the backbone of modern infrastructure, steel production is crucial, and the essential role ferroalloys play in enhancing its

The promising future of Vanadium

Vanadium, a transition metal known for its versatility and impressive properties, is increasingly becoming a focal point in various industries. This element, found in minerals and fossil fuel deposits, plays a crucial role in steel production,

Vanadium in iron and steel

Iron and steel, comprising steel and pig iron, are alloys where iron and carbon are the primary elements. These materials are the most extensively used in industrial applications. Adding vanadium to steel significantly enhances its properties

The versatile and intriguing world of Vanadium

Vanadium, a transition metal with atomic number 23, might not be as well-known as some other elements, but it boasts a range of fascinating properties and applications. This element’s versatile uses in alloys and its role