Bushveld Minerals (LON:BMN) has increased its indirect beneficial interest in Vametco Alloys to 75%, from 59.1%, through the acquisition of Sojitz Noble Alloys’ 21.22% interest in Vametco’s intermediate holding company Strategic Minerals Corporation (SMC), for $20-million.
Following completion of the transaction, Bushveld will, through wholly owned Bushveld Vametco Limited, own 100% of SMC and, therefore, have an indirect beneficial interest of 75% in Vametco.
This webinar, presented by IDTechEx Technology Analyst Daniele Gatti, will provide an introduction to Redox Flow Batteries (RFBs), addressing some of the technologies developed, and giving an overview of the flow battery market. The increased adoption
Bold action is needed by South Africa Inc to take ownership of the significant potential share of the global battery metals market open to it, says Bushveld Minerals CEO Fortune Mojapelo. Speaking to Mining Weekly following this week’s presentation
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
Bushveld Minerals’ $100m, five-year vanadium growth plans could prove decisive as the market was forecast to enter a supply deficit from next year, the company said. “There is a real opportunity on the supply side,” said Fortune
China is now a net importer of vanadium, a situation which is expected to persist, Bushveld Minerals CEO Fortune Mojapelo said on Tuesday. Speaking at question-and-answer time after presenting a solid set of financial results for 2019, Mojapelo
Vanadium: an important role in renewable energy Flow batteries look set to play an important part in the development of the global renewables market, which itself is expected to reach a size of $1.5 trillion by
Bespoke solutions are the largest BESS’s, typically over 20 MW/ 100 MWh, either built into existing buildings, or in purpose built “Storage Stations”. Typical examples of such Storage Stations are the 15MW/ 60MWh system built by
Hawaii has a problem, one that the whole world is likely to face in the next 10 years. And the solution could be a metal that you’ve probably never heard of – vanadium. Hawaii’s problem is
Standalone BESS solutions can be dynamically sized to suit any long-duration storage requirement, typically sized from 100kW/ 400kWh to 40MW/ 160MWh. Standalone solutions are usually made up of multiple containerised units and can stand in any
What is a Hybrid-Mini-Grid A Hybrid-Mini-Grid system comprises of several different sources of energy supply, such as wind or solar, plus diesel back up, plus possibly grid supply, or any other energy resource coupled to a
The VRFB is the simplest and most developed flow battery in mass commercial operations The flow battery was first developed by the National Aeronautics and Space Administration (NASA) in the 1970s and unlike conventional batteries, the
Slender and snappily dressed Fortune Mojapelo was bent on living up to his first name when I met him at the Mining Indaba in Cape Town; his optimism left you feeling that fate, as well as
2020 was touted by many as the year of the vanadium redox flow battery (VRFB). In spite of the impact of the global pandemic, this prediction is beginning to bear fruit and the year is only
Batteries, those irritating squares inside phones that everyone loves to hate. But while they may help gadgets cut the power cord in consumer electronics, their energy-storing abilities could help humanity transition away from fossil fuels. A
When lithium-ion’s dominance of the energy storage market begins to wane, redox flow batteries are well positioned as a strong competitor, emerging technology market research and business intelligence group IDTechEx has said. The Cambridge, UK-headquartered independent
Vanadium producer Bushveld Minerals, which on Monday provided an operational update on Bushveld Vanadium and Bushveld Energy for the three months to March 31, is implementing a detailed programme in response to the Covid-19 pandemic and
Bushveld Minerals, one of the world’s important sources of vanadium, stepped up production of the mineral used to make steel, chemical products and batteries, but it has slowed work on developing a new mine in SA.
Bushveld Minerals Limited (LON:BMN), the AIM quoted, integrated primary vanadium producer, with ownership of high grade vanadium assets, has today provided an operational update for the three months ending March 2020 , in respect of Bushveld
© 2024 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.