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Bushveld Minerals 'still greatly undervalued' - CEO Fortune Mojapelo

Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN), caught up with Proactive's Andrew Scott while in London to update on developments across the business.

This month Bushveld Minerals Ltd’s (LON:BMN) partnership with South African electricity utility Eskom received its first vanadium battery.

US firm UniEnergy Technologies built the unit, which will run on a mixed-acid vanadium electrolyte

Meanwhile Bushveld Vanadium's recently completed the second phase of a three-phase expansion programme at the Vametco Mine which has seen production increase to 3,750 mtV.

Mojapelo says they're also ready to push on with the development of their Imaloto coal power project in Madagascar in the second half of the year.

Quick facts: Bushveld Minerals Ltd

Price: 21.75 GBX

LSE:BMN
Market: LSE
Market Cap: £250.77 m
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Investor Update: Bushveld Minerals granted mining permit for Mokopane

Headlines from the Proactive UK newsroom. Bushveld Minerals (LON:BMN) has been granted a mining permit for its Mokopane deposit in South Africa.  Mokopane is one of the world's largest primary vanadium resources.  Shield Therapeutics (LON:STX) is to present data further...

on 22/10/19

2 min read