An acceleration in the ramp-up of Kiln 3 at Vanchem and a continued strong performance at Vametco saw Bushveld’s consolidated vanadium production rates increase in Q3 and group weighted average costs come down relative to Q2. As such, we think Bushveld remains on course to meet its 2022 full-year production and cost targets. Unprecedented levels of power load-shedding in South Africa and global inflationary pressures do continue to pose threats to both targets however, while vanadium is currentl ....
26 Oct 2022
Big gains in production rates as Vanchem gathers pace
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Big gains in production rates as Vanchem gathers pace
Bushveld Minerals Limited (BMN:LON) | 1.1 0 0.0% | Mkt Cap: 26.0m
- Published:
26 Oct 2022 -
Author:
Nick Chalmers -
Pages:
2
An acceleration in the ramp-up of Kiln 3 at Vanchem and a continued strong performance at Vametco saw Bushveld’s consolidated vanadium production rates increase in Q3 and group weighted average costs come down relative to Q2. As such, we think Bushveld remains on course to meet its 2022 full-year production and cost targets. Unprecedented levels of power load-shedding in South Africa and global inflationary pressures do continue to pose threats to both targets however, while vanadium is currentl ....