Bushveld Minerals - Corporate Update For the Six Months Ended 30 June 2018
BMN
Tue, 09 Oct 2018, 12:00pm BST
Bushveld Minerals Limited is the AIM-quoted, integrated primary vanadium producer and energy storage solutions provider with ownership of high-grade assets in South Africa.
Industry: Basic Resources
Contact: +27 (0)11 268 6555
Hirzel Street
https://www.bushveldminerals.com/
Fortune Mojapelo, CEO and Mikhail Nikomarov, CEO of Bushveld Energy provide an update on company operations.
In light of solid first half results, Fortune discusses recent acquisitions of Yellow Dragon Holdings and Sojitz as the company approaches the completion of a three-phase Vametco Expansion programme. With a focus on Vanadium, he outlines the company's commercial opportunities to deliver a "substantial, low-cost, vertically-integrated vanadium platform."
Having received delivery of the first vanadium redox flow battery from UniEnergy Technologies, Mikhail discusses the company's progress with IDC to build an electrolyte manufacturing plant in South Africa, to be located at Vametco and the East London Industrial Zone.
