07:02 AM EDT, 07/31/2026 (MT Newswires) -- Ferro-Alloy Resources (FAR.L) said Thursday it submitted initial applications to several US government departments for grant funding or low-cost debt and equity financing to support the development of a vanadium supply chain. The London-listed vanadium producer and developer's applications follow positive engagement with and invitations from several US government institutions. Ferro-Alloy Resources is also in talks with possible strategic partners on potentially integrating ferro-vanadium production into the US steel and defence supply chain. The talks could lead to a partnership, merger or integration with "established industry participants."

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