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Pin to quick picksBushveld Minerals Share News (BMN)

Share Price Information for Bushveld Minerals (BMN)

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Bushveld Minerals Salt Roast Test Results Confirm Two Viable Methods

Thu, 19th Jun 2014 10:57

LONDON (Alliance News) - Bushveld Minerals Ltd said Thursday that results from its pyro-metallurgical testwork showed it has two viable processing options at its vanadium project in the Limpopo province of South Africa.

The company has been assessing two possible processing routes, a salt roast process to produce vanadium pentoxide flakes and or ferrovanadium, or a smelting route to produce pig iron or steel and high-grade vanadium slag.

Results from the salt roast processing method showed up to 86% recoveries for vanadium extraction at 1200 degrees Celsius using a sodium carbonate sale roast, and up to 79% using a sodium sulphate sale roast.

As a result, under this method the predicted overall vanadium recovery at the plant is 74%.

Earlier in the month Bushveld said results from a modelling exercise using the smelting route were positive.

It will now build on the test results in a scoping study that is already underway.

Shares in Bushveld were trading down 1.0% at 3.84 pence Thursday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.

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