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Recommendation Rating
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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 0.49
Low: 0.49
High: 0.49
Total Analysts: 2
Company Profile
Ferro-Alloy Resources Limited is a Guernsey-based holding company. The Company is engaged in producing vanadium pentoxide, ferro-molybdenum and nickel concentrates, recovered from purchased concentrates and other vanadium-containing materials. The Company and its subsidiaries are engaged in mining and mineral processing business with operations located at Balasausqandiq vanadium/polymetallic mineral deposit in the Kyzylordinskaya Oblast in Southern Kazakhstan. The Balasausqandiq deposit is a black-shale deposit containing vanadium and valuable byproducts, such as uranium, molybdenum, aluminum, rare earth metals and carbon. In parallel with developing the Balasausqandiq vanadium deposit, the Company is also operating a processing plant, which is engaged in treating bought-in concentrates. It is also focused on production processing purchased vanadium-containing secondary materials to produce vanadium in the form of ammonium metavanadate (AMV).
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