SA’s largest vanadium producer, Bushveld Minerals, is raising up to R1.1bn towards expanding and refurbishing its two processing facilities despite a tough start to a year disrupted by the Covid-19 pandemic.

London-listed Bushveld, which has plans to join the Johannesburg bourse, said on Wednesday it has lost revenue of $9m (R150m) to the disruptions caused by the virus at its operations since the government ordered a hard lockdown of the economy at the end of March.

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