Ferro-Alloy Resources Ltd. (GB:FAR) has released an update.
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Ferro-Alloy Resources Ltd. has announced a strategic pivot to focus on research and development for its carbon black substitute product, following a successful marketing study. The company has also raised $5 million through the sale of a fourth tranche of bonds under its Kazakhstan Exempt Offer Bond Programme to support ongoing feasibility studies for the Balasausqandiq project. This strategic shift aims to optimize their product offerings and expand market opportunities.
For further insights into GB:FAR stock, check out TipRanks’ Stock Analysis page.