Ferro-Alloy Resources is developing the large Balasausqandiq vanadium deposit, which benefits from access to existing power and logistics infrastructure and has the potential to become a large and low cost producer. 

Key features

  • Balasausqandiq project is located in southern Kazakhstan
  • Strategic upstream vanadium asset – Feasibility Study recently completed
  • Large resource, supporting long-life project and underpinning future expansion options
  • Deposit characteristics enable lower cost and less energy-intensive processing
  • Road, rail and power infrastructure in place
  • Existing, smaller treatment plant recovering vanadium from spent refinery catalysts
  • Vanadium traditionally used for strengthening steel, reducing global steel requirements
  • Carbon black substitute marketing study December 2024
  • Emerging new end-market as battery metal.

End uses

  • Vanadium is essential for high strength steel used in lightweighting and vanadium redox flow batteries used in grid scale energy storage

  • Carbon black substitute primarily targeted for use in tyre manufacture

  • Vanadium is designated as a critical raw material by the UK, EU, US, Canada and Australia.

FERRO-ALLOY RESOURCES WEBSITE

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