Bushveld eyes delayed JSE debut within 12 months
Vanadium producer has no plans to tap shareholders for its planned R1.73bn expansion, resorting to cash and debt
23 June 2020 - 17:21
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.