Ferro-Alloy Resources Ltd. (GB:FAR) has released an update.
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Ferro-Alloy Resources Ltd. reports a productive Q2 2024 with a 7% increase in vanadium pentoxide production and a strategic shift to process nickel-rich residues using newly developed technology, aiming to enhance both recovery rates and profitability. Despite challenging trading conditions, the company’s innovative approach is expected to yield positive outcomes with full-scale production scheduled to start in Q3 2024.
For further insights into GB:FAR stock, check out TipRanks’ Stock Analysis page.
