RNS Number: 5268 M Bushveld Minerals Limited 11 May 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5242 M Bushveld Minerals Limited 11 May 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 7416 L Bushveld Minerals Limited 04 May 2020 Market Abuse Regulation Disclosure. Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement.. ·Underlying production cost of US $18.90/ kgV, an eight per cent decrease...
RNS Number: 6101 J Bushveld Minerals Limited 14 April 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6087 J Bushveld Minerals Limited 14 April 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5690 J Bushveld Minerals Limited 14 April 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5660 J Bushveld Minerals Limited 14 April 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 0581 J Bushveld Minerals Limited 07 April 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 0566 J Bushveld Minerals Limited 07 April 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Bushveld Minerals* (BMN LN) 9.3p, Mkt cap £107m – Invinity (redT/Avalon) raises a further £7.9m to roll out VRFB developments Bushveld Minerals reports shareholder approval has been received for the merger of redT and Avalon Battery Corporation The new group will be called Invinity Energy Systems plc which has raised £7.9m through an equity placing at 1.65p The combined group will have a leading position in the development and deployment of Vanadium Redox Flow Batteries in Europe, the US, Sub-Sahara Africa and Asia. Bushveld will supply vanadium electrolyte to Invinity through its existing Vanadium Financing Partnership with redT for its battery system developments. We expect these battery developments to be owned by third-parties with lease finance used to pay for the cost of the vanadium electrolyte. Bushveld is supporting the deal through the conversion of their existing $5m convertible loan to Avalon which will convert into shares in the combined group. Bushveld has a right to nominate a director to the Board of Invinity for a 5% stake in the first year and 10% in the second year plus the right for a second director if Bushveld holds a 20% stake in Invinity Conclusion: There is increasing news supporting the development of Vanadium Redox Flow Batteries ‘VRFB’ in the US, UK, Europe and S Africa. We expect Bushveld’s Vanadium Investment Program to support the roll-out of VRFB technology and for Bushveld’s vanadium electrolyte lease-finance structure to support the cost of buying vanadium electrolyte for the batteries. The future development of VRFB batteries should in time support the expansion of Bushveld’s primary vanadium production beyond that supported by growth in the use of vanadium for hardening steel in China and India. China and India accounted for 1.1bnt (59%) of steel production last year and are subject to increasing compliance in the addition of vanadium for hardening steel. *SP Angel acts as Nomad and broker to Bushveld Minerals #BMN
Bushveld Minerals Limited, the AIM quoted, integrated primary vanadium producer, which owns high-grade vanadium assets in South Africa, notes that redT energy plc has today received shareholder approval for its proposed merger with Avalon Battery Corporation. ·The Merger will create a leading player in the growing energy storage market with a presence in...
Bushveld Minerals* #BMN 7.94p, Mkt cap £92m – South Africa government orders underground miners and smelters to shutdown for 21 days Miners are appealing to the government for clarification on the nationwide order to shutdown all underground mines and smelters for 21 days. The government has ordered these companies to move to Care and Maintenance If the South African government allows miners and smelters to conduct maintenance on plants and furnaces then the 21-day shutdown may have relatively little overall impact on production. If the full shutdown is enforced then we will need to adjust our production forecasts and unit costs accordingly. This would minimise the cost of any disruption assuming the government allows Bushveld to wind down the furnaces in the correct sequence. South Africa is following other governments in advice to its citizens following the identification of Coronavirus and COVID-19 in the country. It is too early for us to reassess new company guidance for 2020 though management are reassessing the financial impact and will update the market when able. Supply chains in South Africa are as yet unaffected with sales of vanadium continuing worldwide and ongoing sourcing of consumables and equipment. The virus has had a significant impact on Chinese consumer demand and on industrial growth but appears to have had relatively little impact on iron ore prices though these have pulled back a little in the past two weeks. Ferro-vanadium prices continued to rise for ferro-vanadium in China, the US and Europe this year till 20th February. Since then prices have pulled back a little. Vanadium pentoxide prices jumped 6.8% in Rotterdam on Friday though ferro-vanadium pulled back 2.1% to $23.5-14/kgV in Western Europe. *SP Angel act as Nomad and broker to Bushveld Minerals
RNS Number: 3515 H Bushveld Minerals Limited 24 March 2020 Market Abuse Regulation Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement.. Covid-19 Update and Operation Halt. Bushveld Minerals Limited, the...
RNS Number: 1902 H Bushveld Minerals Limited 23 March 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 1889 H Bushveld Minerals Limited 23 March 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
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Company Profile

Bushveld Minerals Limited is an integrated vanadium producer supplying more than 3% of the global vanadium with plans to grow this to >5% in the short term. The Company's flagship vanadium platform includes a 59.1% controlling interest in Bushveld Vametco Alloys (Pty) Ltd a primary vanadium mining and processing company which has one of the world's largest high grade primary vanadium resources. In addition, Bushveld Minerals is focused on developing and promoting the role of vanadium in the growing global energy storage market through application in vanadium redox flow batteries.

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