Ferro-Alloy Resources (LON:FAR)
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. 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.
VANADIUM FLOW BATTERIES (“VFB”)
A major new use of vanadium is now emerging as the electrolyte in VFB’s used for energy storage. Although lithium-ion batteries are better known and are more suitable for mobile applications where weight is important, VFB’s have several advantages for fixed, high capacity and long term storage, either as part of a grid or for isolated mini-grids. The main advantages are:
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No degradation over time or after repeated charge and discharge cycles
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Can be fully charged and fully discharged without damage
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Capacity can be scaled independently of power by addition of larger electrolyte tanks
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No fire hazard
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Suitable for long discharge periods, for example, to store solar energy during the day and release over the whole evening and night
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Ferro-Alloy Resources (LON:FAR) Share Price
Fundamentals
Latest Ferro-Alloy Resources (LON:FAR) News
- Ferro-Alloy Resources issue of bonds November 11, 2020
- Ferro-Alloy Resources molybdenum production significant (Interview) October 27, 2020
- Ferro-Alloy Resources report first commercial production and sales of calcium molybdate October 26, 2020
- Ferro-Alloy Resources ramping up production (Interview) October 8, 2020
- Ferro-Alloy Resources vanadium pentoxide production increased 72% October 7, 2020
- Ferro-Alloy Resources AGM 30th October 2020 October 2, 2020
- Ferro-Alloy Resources a clear defined path increasing production (Interview) October 1, 2020
- Ferro-Alloy Resources: Record high production with record high shipments to customers September 30, 2020
- New power-line to position Ferro-Alloy Resources ‘in a good place’ (Interview) September 17, 2020
- Ferro-Alloy Resources vanadium flow batteries huge potential (Interview) September 3, 2020
Interviews
- Ferro-Alloy Resources molybdenum production significant (Interview) October 27, 2020
- Ferro-Alloy Resources ramping up production (Interview) October 8, 2020
- Ferro-Alloy Resources a clear defined path increasing production (Interview) October 1, 2020
- New power-line to position Ferro-Alloy Resources ‘in a good place’ (Interview) September 17, 2020
- Ferro-Alloy Resources vanadium flow batteries huge potential (Interview) September 3, 2020
Broker Notes & Comments
Questions & Answers
- Ferro-Alloy Resources Q&A: Significant news flow to come (LON:FAR) October 30, 2020
- Ferro-Alloy Resources Q&A: Huge production increases once the project comes on stream (LON:FAR) October 6, 2020
- Ferro-Alloy Resources Q&A: Increase in revenue per tonne and a much wider market (LON:FAR) September 22, 2020
- Ferro-Alloy Resources Q&A: Positioning for expansion of VFB energy storage market (LON:FAR) September 7, 2020