Vanadium is a bright white, soft, and ductile metal that’s mostly used today to create high-strength steel alloys.
About 85% of all the vanadium produced goes into making steel alloys. Another 10% goes into making alloys of titanium. The rest goes into other uses.
Vanadium steel alloys are some of the strongest and most useful ever created. They’ve been used in everything from the Ford Model T to Lockheed Martin’s SR-71 Blackbird.
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.
