Bushveld Minerals (AIM: BMN) is a low-cost, integrated, primary vanadium producer, with ownership of high-grade vanadium assets. The Company’s flagship vanadium platform includes a 74 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; 100 per cent of Bushveld Vanchem, a primary vanadium processing facility with a beneficiation plant; the Mokopane Vanadium Project and the Brits Vanadium Project.
Bushveld’s vision is to become a significant, low-cost, integrated primary vanadium producer through owning high grade assets. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries. Bushveld Energy, the Company’s energy storage solutions provider, plays a leading role in the development and promotion of the role of vanadium in this market.
Bushveld Energy is a leading energy storage solutions provider, focusing on the African market. Bushveld Energy recognises that electricity in Africa intersects paramount potential for social transformation with an immense commercial opportunity.
Bushveld Energy is focused on developing and promoting the role of vanadium in the growing global energy storage market through application in vanadium redox flow batteries. Its near term strategy is to deploy several VRFB systems as part of its longer term vision to become a significant electricity storage provider in Africa, meeting the demand for utility scale energy storage in Africa by leveraging South Africa-mined and beneficiated vanadium.
AIM-listed Bushveld Minerals Limited describes itself as a “vertically integrated primary vandium producer and energy stroage provider.” Simply put, not …
Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage provider, with ownership of high-grade …
Q2 2020 and H1 2020 Operational UpdateAdd New Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer …
Investment in Enerox GmbH Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage provider, …
Full Year Results for the Period Ended 31 December 2019 & 2020 Guidance Update Bushveld Minerals Limited (AIM: BMN), the …
|P&L||31 Dec 2019|
|31 Dec 2018
|(Cost of Sales)||(47,829)||(59,555)|
|(Other operating/ admin costs)||(36,043)||(31,320)|
|Gain on Bargain purchase - Vanchem||60,587||-|
|Profit after tax||69,248||49,000|
|P&L||31 Dec 2019|
|31 Dec 2018
|Propert, plant & Equipment||185,269||47,881|
|Total Non-Current Assets||252,178||110,851|
|Cash & cash equivalents ||34,012||42,019|
|Total Current Assets||82,572||99,750|
|Total Equity & Liabilities||334,751||210,602
SP Angel note (July 2020)
Technavio: Global Vanadium Redox Battery Market 2020-2024 (Sep 2020): “The vanadium redox battery market and it is poised to grow by USD 37.84 mn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period”
“AIM-listed Bushveld Minerals has advanced the acquisition of Austrian group Enerox by acquiring a further 65.1% of the investment vehicle’s share capital through Enerox Holdings Limited (EHL).”
SP Angel (July 2020: House Broker)
“Bushveld looks well placed to benefit from our forecast substantial upturn in demand for structural steel for government and regional construction programs. News on new Chinese infrastructure and housing construction continues to emerge while some
$15.9tn of stimulus spending has been announced around the world.”