Member Info for pb940

Vanadium Market Update

The average benchmark price per lb of V2O5 in Europe was $5.93 in Q2 2024, a 30% decrease from the average of $8.46 seen in Q2 2023; The average benchmark price per kg of ferrovanadium in Europe was $26.83 in Q2 2024, a 20% decrease over the average of $33.47 in Q2 2023

Vanadium spot demand remained soft in Q2 2024, primarily due to continued adverse conditions in the Chinese and European steel industries

The new mandatory Chinese rebar quality standard (GB1499.2-2024) announced on June 25, 2024, will take effect on September 25, 2024, replacing voluntary guidelines in place from 2018; The new standard has the potential to significantly increase vanadium demand in the steel sector

I'm surprised why they said the following as it should be pretty obvious why people don't want more shares issued at this price

"As resolution 8 did not pass, resolution 9 (approval of the disapplication of pre-emption rights) was not voted on. The board notes that resolutions 7, 8 and 9 did not pass and the number of votes cast against resolutions 5 and 6.

The Board will consult and engage with shareholders to better understand the reasons behind these votes."

Https://www.voxmarkets.co.uk/rns/announcement/cef7435e-1b95-4cb9-a33e-0398101be49e/

Https://www.miningweekly.com/article/bushveld-optimistic-about-next-18-months-following-corrective-measures-2024-08-06

Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/rdj87pr/

Https://www.fastmarkets.com/insights/chinas-new-rebar-standards-may-deal-another-blow-to-domestic-steelmakers/

China’s revision of its national rebar standards, which is set to go into effect from September 2024, is expected to increase demand for vanadium nitrogen and silico-manganese amid a push for developing high-quality steel.

Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/xlddjjr/export

Not sure if its been posted but this has appeared on the Research Firms & Analysts page on the Bushveld Minerals website

https://www.bushveldminerals.com/wp-content/uploads/2024/07/02-07-24-HP-Note.pdf#new_tab

Https://www.miningmx.com/top-story/57376-bushveld-lives-to-mine-another-day-after-bail-out/

Https://www.miningreview.com/battery-metals/vanadium-flow-batteries-redefine-clean-energy-storage/

Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/xpd5kjx/export

Https://cleantechnica.com/2024/05/09/vanadium-flow-batteries-are-coming-for-your-gas-power-plant/

Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/rgp2m3r

Proposed Conditional disposal of Vanchem.

Successfully secured additional funding

Https://www.youtube.com/embed/Y15L13_h-SA#new_tab

Https://www.bushveldminerals.com/wp-content/uploads/2024/04/Vametco-Mineral-Resources-and-Ore-Reserves-31-December-2023-1.pdf#new_tab

Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/w6351gw/export

Https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/w635n9w/export

Https://www.energyandcapital.com/vanadium-batteries/

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.