LONDON: Bushveld Minerals Limited, a leading vanadium producer listed on AIM, has announced a strategic move to sell its Vanchem asset to Southern Point Resources Fund I S.A. LP (SPR) for up to $40.6 million. The deal includes an initial consideration of $20.6 million and a deferred payment of $15 to $20 million. This decision…
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Bushveld Minerals agrees to sell half of Vanchem to SPR for US$21.3 million
LONDON: Bushveld Minerals Limited (AIM: BMN), a leading producer of vanadium, a metal used in batteries and steel, has announced that it has signed a definitive agreement to sell 50% of its stake in Bushveld Vanchem (Pty) Ltd (BV) to Southern Point Resources – Fund 1 SA L.P. (SPRF) for up to US$21.3 million. BV…
Bushveld Minerals acquires full ownership of Vametco Vanadium Mine
LONDON, UK: Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, has entered into a conditional agreement which will result in the Company increasing its ownership to 100% of the Vametco vanadium mine and production facility. Highlights Bushveld has entered into a definitive agreement to acquire the…
Bushveld Minerals announces new CEO as Fortune Mojapelo steps down
LONDON, UK: Bushveld Minerals, a leading primary vanadium producer, has announced the appointment of Craig W. Coltman as its new Chief Executive and director of the Company, effective from 01 July 2023. Craig will succeed Fortune Mojapelo, who is stepping down after more than 11 years of leading the business as a co-founder and Chief…