Big news from Ferro-Alloy Resources Limited. Their feasibility study confirms Phase 1 of the Balasausqandiq vanadium project is in the lowest 10% of global cost producers — at just $0.36/lb. But that’s just the start. CEO Nick Bridgen reveals how process optimisations, a second carbon black substitute from mining waste, and plans for Phase 2 expansion (up to 4x production) position the company as a future leader in critical battery and industrial materials. One to watch.Ferro-Alloy Resources Ltd is developing the Balasausqandiq vanadium deposit in Kazakhstan, aiming to become a leading low-cost producer of vanadium and carbon black substitute products for global industrial and battery storage markets.