viewBushveld Minerals Ltd

Bushveld Minerals is back to full production, reporting a 31% increase in activity for Q3

Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN), caught up with Proactive's Katie Pilbeam about the results for the third quarter to end September 2020.

Mojapelo talks through the highlights, such as third-quarter production jumping 31% to 1,019 mtV compared to the previous three months, thanks to the lifting of the nationwide lockdown, which occurred in the second quarter.

He explains the recent announcement of the Vametco mini-grid partners and further plans on that project’s development as well as discussing the vanadium rental partnership with Invinity.

The pair are planning to close the Orion transactions shortly, which Mojapelo believes will see US$65mln come into the business and allow the company to pursue growth plans at full steam.


Quick facts: Bushveld Minerals Ltd

Price: 18.8 GBX

Market: LSE
Market Cap: £224.01 m

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Bushveld Minerals discuss half year performance, expansion plans and...

Bushveld Minerals Ltd's (LON:BMN) Fortune Mojapelo talks to Proactive London's Katie Pilbeam about the company's half year results, which generated revenue of US$43.1mln from its South African vanadium operations. This performance was down from the US$78mln generated in the same period a year...

on 15/10/20

2 min read