When the young Fortune Mojapelo (pictured) used to take a taxi from his township to the nearby small town of Kwekwe in Zimbabwe he used to marvel at the huge, imposing, chrome refineries that loomed large by the roadside – never thinking, for a moment, that one day he would be in mining poised to take over 10% of supply of one of the planet’s most sought after minerals destined to power our future.
Mojapelo left Que Que, in the heart of Zimbabwe’s chrome belt, to go to the University of Cape Town to study actuarial science. He spent a few years as a management consultant before applying his skills to a consortium seeking mineral rights in South Africa. They succeeded and Mojapelo, then in his early 30s, became a founder of Bushveld Minerals, which listed on AIM in London in 2017.
Bushveld Minerals Limited (LON:BMN), together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production.