Ferro-Alloy Resources has identified several clear pathways to improve the economics of its Balasausqandiq Project following the Feasibility Study, with a focus on lowering costs and increasing production.
The company is working to reduce reagent use while improving metallurgical recovery. Previous testing indicates this is achievable, and further work is planned to confirm performance in operations.
Carbon recovery is another near-term opportunity. By recirculating concentrator tailings, the company expects to increase recovery rates and expand CBS production volumes.
A move to dry milling is also under review. This change could reduce capital costs by simplifying plant design and lowering infrastructure requirements.
The company is also assessing the addition of a new CBS product, with potential production of 225,000 tonnes per annum on top of existing plans. A memorandum of understanding with Master Tyre provides an initial commercial pathway.
In parallel, Ferro-Alloy Resources is pursuing value engineering through supplier negotiations.
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.
