H&P recently visited Bushveld Minerals’ (“BMN”) Vanchem plant located to the east of Johannesburg, where BMN’s new management team has implemented several initiatives to improve operational consistency. In its full year 2023 Operational Update, BNM announcedQ4’23 production of 925tV at a cash cost of US$27.3/kg, with FY23 production of 3,714tV at a cash cost of US$26.6/kg, alongside sales of 4,051t due to inventory sell down. Group production guidance for 2024 was 4,300tV-4,500tV, however the d ....
