# Ferro-Alloy Resources “A Dream Project in the Mining Space” (Interview)

- Link: https://www.directorstalkinterviews.com/ferro-alloy-resources-a-dream-project-in-the-mining-space-interview/412968611
- Published: 2021-03-16T07:36:50+00:00
- Author: Giles

**Ferro-Alloy Resources ltd** ([LON:FAR](https://www.directorstalkinterviews.com/company/ferro-alloy-resources/far.l))
CEO Nick Bridgen joins DirectorsTalk to discuss a subscription agreement for up 
to US$12.6m with Vision Blue Resources. Nick explains what this means for the company,
the funding structure, what attracted Sir Mick, what he brings to the table, offtake
rights, the operations update, demand for vanadium and what can we expect to see
from FAR in the short term now this strategic investment has been secured.

Ferro-Alloy Resources Ltd 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.

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