RE: BESS Project28 Sep 2019 01:41
From Bushveld Minerals official site:
Upon receipt of the mining right, Mokopane will be a primary source of feedstock to Vanchem as a result of its large mineral reserve, so the Vanchem transaction facilitates the expedited development of Mokopane. The Mokopane-Vanchem model will create a fully-integrated business in a shorter timeline and at lower cost than developing Mokopane as a standalone operation. Other options include supplying ore to other primary or secondary producers worldwide. The long-term plan remains to develop Mokopane into a standalone integrated mine and processing plant, producing 5,300 mtVp.a. of >99% purity V2O5 product.