Mining News

Bushveld considers four-stage expansion in vanadium output, capex estimated at R2.3bn

Integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals reports that prefeasibility and feasibility studies undertaken to assess the optimal path for increasing production at its Vametco and Vanchem operations to 8 000 t/y will require capital expenditure (capex) of about R2.3-billion. The studies were undertaken by METC South Africa and MSA Group and were aimed at determining the next phase of the company’s growth plans beyond the production run rate of between 5 000 t/y to 5 400 t/y Bushveld expects to achieve by the end of this year.

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