# Ferro-Alloy Resources targets strategic role in emerging vanadium supply

- Link: https://www.directorstalkinterviews.com/ferro-alloy-resources-targets-strategic-role-in-emerging-vanadium-supply/4121259951
- Published: 2026-08-10T14:32:00+01:00
- Author: Amilia Stone

Vanadium is becoming more important as demand broadens beyond steelmaking into energy
storage, while global supply remains heavily concentrated.

Steel remains the main market for vanadium, where it is used to increase strength
and durability. However, vanadium redox flow batteries are creating an additional
source of demand. These batteries are designed for large-scale stationary energy
storage and are particularly suited to applications where electricity must be stored
for long periods.

Grid-scale storage is becoming increasingly relevant as renewable power generation
expands. Vanadium flow batteries offer long operating lives and can be scaled by
increasing the amount of electrolyte used. Their electrolyte can also be reused 
over extended periods, supporting the case for the technology in long-duration storage
applications.

At the same time, vanadium supply is concentrated in a small number of countries.
China accounts for more than 72% of global production and Russia around 18.5 per
cent. That concentration increases the strategic value of new sources of supply 
elsewhere.

Kazakhstan is one country seeking to build a larger role in the vanadium market.
Ferro-Alloy Resources is developing the Balasausqandiq deposit in Kazakhstan and
holds rights covering seven known ore bodies.

The latest resource estimate for Balasausqandiq covers 32.9 million tonnes at an
average grade of 0.62 per cent vanadium pentoxide. That estimate relates to only
one of the seven known ore bodies, giving the company further development potential
if additional areas are brought into production. Balasausqandiq also has a processing
advantage that could influence project economics. Many vanadium deposits are hosted
in titano-magnetite ores and require roasting before extraction. Balasausqandiq 
is shale-hosted and can be processed using whole-ore acid leaching instead.

Ferro-Alloy Resources believes this processing route can support a lower-cost operation
compared with more conventional vanadium projects. Cost positioning will be important
if the company moves into commercial production, particularly in a market where 
pricing can be cyclical.

_**Ferro-Alloy Resources Ltd **([LON:FAR](https://www.directorstalkinterviews.com/company/ferro-alloy-resources/far.l))
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._

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