Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/w6351gw/export
Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/w635n9w/export
Chinese company doing business in South Africa for vanadium, shame its not with BMN.
https://www.miningweekly.com/article/vanadium-resources-inks-offtake-mou-with-chinese-firm-2024-04-11
anadium Resources (VR8), a South Africa-focused, ASX-listed junior, on Thursday announced an offtake memorandum of understanding (MoU) with one of China’s leading vanadium nitride producers, Panjin Hexiang New Materials Technology.
Under the terms of the MoU, VR8 will supply 4 000 t/y of vanadium pentoxide (V2O5) from its Steelpoortdrift and Tweefontein vanadium operations to Hexiang. The agreement spans a period of five years, with the potential for Hexiang to extend for an additional five years.
Https://www.pv-magazine.com/2024/03/15/evaluating-profitability-of-vanadium-flow-batteries/
Bushveld Minerals Ld - Further Update on Outstanding Funds #BMN @BushveldMin_Ltd https://www.voxmarkets.co.uk/rns/announcement/6ce3d761-366f-45c2-a85b-3db10bfdf904 #voxmarkets undefined
Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/w0jzdnx
From 28/12/23 again
Https://www.voxmarkets.co.uk/rns/announcement/7583dcbb-f548-4f4c-840d-9c092e433a1c/
Orion Finance,
Date on which threshold reached 27/12/23,
Notified 06/02/24
O% to 5.4% holding
Further to the Company's announcement on 19 January 2024, Bushveld Minerals Limited (AIM: BMN), the primary vanadium producer, is pleased to announce that today it has received an additional ZAR76 million (~US$4 million) from Southern Point Resources ("SPR") which has been provided on an interest free basis and will be repaid once SPR provides Bushveld with the entire US$12.5 million, pursuant to the SPR subscription agreement (the "Subscription Agreement"). The Company has now received a total of ZAR116 million (~US$6 million) from SPR as an interest free loan. SPR has communicated that the full US$12.5 million will be paid no later than 28 February 2024.
As previously mentioned, under the Subscription Agreement, SPR was due to transfer the US$12.5 million from an offshore bank account into Bushveld's UK bank account. However, the payments received to date have been paid into a Bushveld subsidiary's South African bank account from SPR's bank account in South Africa. If the US$6 million received to date were to be used to satisfy SPR's obligation under the Subscription Agreement, approval of the South African Reserve Bank would have been required, which would have resulted in further delays in the flow of funds. Until the entire US$12.5 million is received, SPR remains in default of the Subscription Agreement.
The Company lost 11 and 3 days of production in January at Vanchem and Vametco respectively due to the delayed settlement. Vametco is undergoing a maintenance shutdown and is expected to restart shortly. Vanchem is operating at near full capacity.
The Board continues to monitor the situation closely and is working with its creditors and stakeholders to manage the financial condition of the Company.
Https://www.voxmarkets.co.uk/rns/announcement/7b84340f-157c-420e-a320-f5d8632ce225/
Https://www.asiaone.com/business/i-battery-ceo-feng-yong-bullish-vanadium-batteries-future-japan
Https://www.bushveldminerals.com/wp-content/uploads/2024/02/24-02-05-HP-Note.pdf#new_tab
Https://www.voxmarkets.co.uk/rns/announcement/6f142392-0e1b-4e25-81a6-f4ef6f944dcd/
There's also this from 19/1/24.
https://www.mustangplc.com/announcements/19012024%20Rule%202.4-possible%20offerby%20Mustang%20of%20Cykel%20Replace.pdf
These three RNS on the Mustang website
https://www.mustangplc.com/announcements/02022024%20Form%208%20(OPD)%20Mustang%20Energy%20PLC.pdf
https://www.mustangplc.com/announcements/02022024%20Form%208.3%20-%20Mustang%20Energy%20PLC.pdf
https://www.mustangplc.com/announcements/02022024%20Form%208.3%20-%20Mustang%20Energy%20PLC-2.pdf
bushveld minerals limited (aim: bmn), the integrated primary vanadium producer, is pleased to provide an update on the company's energy operations and assets.
highlights
· sale process initiated for bushveld's stake in cellcube.
· belco construction and commissioning completed, first batch of electrolyte undergoing qualification for compatibility with international customers.
sale of stake in cellcube
the board of bushveld has agreed to commence a formal sale process for its interest in cellcube, the grid scale and micro-grid energy storage battery manufacturer, headquartered in austria (also known as enerox). the sale is in line with the company's plans for simplifying the business and focusing on its core assets.
belco electrolyte facility
commissioning and construction of the belco electrolyte manufacturing plant was completed in august 2023. the initial product has been distributed to international customers for qualification and compatibility prior to issuance of orders with initial feedback expected in december 2023.
update on mustang
as a fulfilment of specific fees owed to bushveld and in repayment of the working capital loan, mustang energy plc ("mustang") declared on november 20, 2023, the issuance of 1,880,366 new ordinary shares to bushveld. following this issue of ordinary shares, bushveld now holds c.15.5% of the mustang issued share capital.
furthermore, as a result of the decision to undertake a broader sale process of bushveld's interest in cellcube, the company will not be signing a revised ************** agreement with mustang as this would provide ongoing exclusivity to mustang.
craig coltman, ceo of bushveld minerals limited, commented:
"following an extensive review and investigation of ways to unlock value, the decision to sell the underlying stake in cellcube is an important step as we work to consolidate our assets and streamline our operations on our cash generative vanadium operating facilities.
we are pleased with the progress we have made with our electrolyte plant, which is undergoing compliance testing with potential international customers. i look forward to updating the market once we have received further feedback."