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
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...
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