Bushveld Minerals (“BMN”), a primary vanadium producer in South Africa, has released its results for Q3 2024 with production of 855tV at an average cash cost of US$27.7/kg. US ferrovanadium prices averaged US$28.4/kgV during the period, a deterioration compared to US$28.6/kgV in Q2, with European prices of US$26/kgV and Asian prices of US$21.2/kgV. The challenging pricing environment, combined with issues around maintenance and raw material costs, have created liquidity issues resulting in a pro ....
