The Ferro-Alloy Resources Group (“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. It is planned that output will be increased in stages to reach 22,400 tonnes of vanadium pentoxide per year, mostly in the form of ferro-vanadium.

FAR is already in production processing purchased vanadium-containing secondary materials to produce vanadium in the form of ammonium metavanadate (“AMV”). FAR currently installing equipment which will enable it to increase production and convert its AMV into the more commonly traded vanadium pentoxide.

In parallel with the existing processing operations, FAR is developing the Balasausqandiq mine and plans to build an additional processing plant which will be entirely separate from and operate independently of the existing processing plant. FAR plans to build the ore-treatment plant in stages to reach a production level of 22,400 tonnes of vanadium pentoxide per year with facilities to convert to ferro-vanadium, the most commonly used form of vanadium. The ore at Balasausqandiq is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process. FAR plans to become the world’s lowest cost primary producer and has the scale of deposit which will allow it to become one of the world’s largest producers.

Ferro-Alloy Resources Group products

Ferro-Alloy - Vanadium Flow Batteries