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LSE:BMN GREY:BSHVF FRA:23U

Bushveld Minerals Ltd

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Market:
LSE
Market Cap:
£152.19 m
Price
13.20 GBX
Change
-0.38%
52 weeks high
24.90
52 weeks low
7.75

In brief

Bushveld Minerals is a low-cost, vertically integrated primary vanadium producer. It is 1 of only 3 operating primary vanadium producers, owning 2 of the world’s 4 operating primary vanadium processing facilities, currently producing approximately 3,000 metric tonnes of Vanadium per annum (“mtVp.a.”), which represents ~3% of the global vanadium market. Our target is to organically grow production to more than 8,400 mtVp.a. in the medium term.

Bushveld Minerals owns a diversified vanadium product portfolio serving the needs of the steel, energy and chemical sectors. Bushveld Minerals participates in the entire vanadium value chain through its two main pillars: Bushveld Vanadium, which mines and processes vanadium; and Bushveld Energy, an energy storage component manufacturer and project developer, focused on vanadium-based energy storage systems called Vanadium Redox Flow Batteries (‘VRFBs’).

Snapshot

Bushveld is hoping to increase vanadium production significantly following completion of Vanchem deal