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Vanchem deal takes Bushveld Minerals to another level - CEO Fortune Mojapelo

Bushveld Minerals Ltd (LON:BMN) CEO Fortune Mojapelo speaks to Proactive London's Andrew Scott after announcing a major new acquisition - Vanchem.

For a total of US$68mln Bushveld will acquire the business which has producing vanadium assets in South Africa.

Mojapelo says the deal's consistent with the company’s long-term strategy of acquiring existing, low-cost scaleable brownfield operating assets in South Africa to help with the development of its significant and high-grade resource base.

Quick facts: Bushveld Minerals Limited

Price: 23.72 GBX

LSE:BMN
Market: LSE
Market Cap: £273.49 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