Smithfield Partners advises Ferro-Alloy Resources Limited on London Stock Exchange standard listing

Smithfield Partners advised Ferro-Alloy Resources Limited (‘FAR’) on its £220 million listing on the Standard List of the London Stock Exchange (‘LSE’).

Nick Foster, Managing Director of Smithfield Partners, acted for the Company on its admission and associated £5.2 million placing of new ordinary shares of 70p each.

“Ferro-Alloys is a hugely exciting company within the mining sector, based around a large vanadium deposit and processing facilities at Balasausqandiq in Kazakhstan. Vanadium has applications within steel production and increasingly within the emerging clean energy storage sector by using Vanadium Redox Flow batteries”.