Bushveld Minerals, SA’s largest supplier of vanadium, hopes to complete a R1.73bn expansion programme to nearly triple output without calling on its shareholders to fund its plans.

Bushveld had delayed its listing on the JSE due to the need to conclude the $54m (R929.1m) purchase of the Vanchem assets and complete its full-year 2019 financial report coupled with the education of SA banks and financial institutions on vanadium, Fortune Mojapelo said in an interview.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now