Bushveld Minerals Limited
BSHVF
Other OTC0.00
USD
- -
- -
Bushveld Minerals Limited
BSHVF
(Other OTC)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Bushveld Minerals Limited is a vertically integrated primary vanadium producer based in South Africa that mines and processes vanadium-bearing ores to produce nitro-vanadium, ferrovanadium, vanadium pentoxide flake, vanadium trioxide, sodium ammonium vanadate, vanadium oxalate liquid chemical, and metavanadate powders including ammonium, potassium, and sodium variants; it also provides energy storage solutions through vanadium redox flow batteries via Bushveld Energy, encompassing technical due diligence, vanadium electrolyte supply, and investments in battery projects. Incorporated in 2012 and headquartered at Illovo Edge Office Park in Johannesburg, the company operates primarily from its Vametco mine and processing facility along with the Vanchem plant, serving the steel, energy, chemical, and aerospace industries across South Africa, Europe, Asia, the United States, and other international markets while exploring iron ore, coal, and additional vanadium resources. Its key assets include high-grade deposits in the Bushveld Complex, positioning it as one of the world's largest vanadium platforms with production capacity targeting 5,000-5,400 metric tons of vanadium annually. In recent developments, Bushveld Minerals sold the Vanchem operation, classifying it as a discontinued asset, and agreed in October 2023 to acquire the remaining 26% minority stake in Vametco for 232 million shares to streamline ownership and enhance production efficiency. The company secured funding commitments including a US$12 million interim working capital facility from Southern Point Resources in 2024 matched by Orion Mine Finance, renegotiated agreements with Orion for additional support, and obtained approval from the Development Bank of South Africa to divest non-core assets Lemur Holdings and Bushveld Electrolyte Company to eliminate associated debts totaling around US$4 million. As of late 2024, its South African subsidiaries including Vametco entered business rescue proceedings under joint practitioners Piers Marsden and Jenna Osborne, initiating a plant maintenance shutdown at Vametco until March 2025 to optimize operations for sustainable production of 240 metric tons of vanadium monthly, while pursuing asset realizations amid financial restructuring.
Bushveld Minerals Limited (BSHVF) Q3 2024 Earnings Call Transcript
Bushveld Minerals Limited (BSHVF) Q4 2023 Earnings Call Transcript
Bushveld Minerals operations improve but cash position 'tight'
Bushveld Minerals operations improve but cash position 'tight'
Vanadium Miners News For The Month Of March 2024
Vanadium Miners News For The Month Of February 2024
Bushveld Minerals resilient in the face of challenges; guidance expected with Q1 update
Bushveld Minerals shares soar as vanadium producer closes vital refinancing
Bushveld Minerals rallies on Southern Point sales and marketing agreement
Vanadium Miners News For The Month Of October 2023