Vanadium players largely fell out of favour with investors after prices nosedived from +$US30/lb ($44/lb) in late 2018.
But for investors, advanced explorers (and even miners), battery makers, and the steel industry; current ~$US10/lb V2O5 prices are a good thing.
That’s because these conditions – smooth, stable pricing up to $US10/lb – are crucial for the fledgling vanadium battery industry to build momentum.
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.