Member Info for Tyfoon

Found them in your posts dated 1 Feb:

"we won't necessarily have to acquire another Brownfield Vanadium plant (like for example Vanchem - although it remains my favourite). We could simply get something like the now idle steel plant pre-reduction kilns at EVRAZ Highveld (see link)

www.evrazhighveld.co.za/winddown/prospectuses/Pre-reduction%20Kilns%20Prospectus%20public%20copy.pdf

That would do very nicely witha little modification."

".... or the scintering furnace down the road at (in business rescue) Hernic

https://www.hernic.co.za/our-solutions/

There are many local options"

Interesting stuff, thanks for the heads up

Prob easiest if I take a quick stroll back thru your earlier postings and see if I can find what you posted on the subject, thanks for your reply.

Ophidian, are you still thinking Vanchem or has your sleuthing revealed any other possible targets? He did use the word 'plants' after all...

Ah, rail lines! Thanks jogj, I knew I'd read about it before, probably a couple or 3 years ago when BBN was explaining to us all about the new Chinese OBOR. I have to say tho, that there are alternative additives eg manganese

"Modern track typically uses hot-rolled steel with a profile of an asymmetrical rounded I-beam. Unlike some other uses of iron and steel, railway rails are subject to very high stresses and have to be made of very high-quality steel alloy."

"Hadfield Manganese steels are generally used for the production of the railway tracks! For service conditions with exceptionally high rates of wear in rails, alloy steel (Hadfield Manganese steels) with .75-. 9%C and 12–14% Mn is used."

Italy joins China's New Silk Road project

https://www.bbc.com/news/world-europe-47679760

Still, they're gonna need lots more vanadium for all the rail lines they're currently building across the globe, which has to be good for the likes of Bushy ;-)

Guys, I'm sorry, but there's 2 subjects that are guaranteed to cause arguments, and those are religion and politics. I know Brexit is the hot topic but can we keep it off this BB pls and concentrate on all things Bushy instead. Thanks

https://www. directors talk.net/ bushveld-minerals-limited-drilling-results-at-brits-vanadium-project/

*Remove the spaces

I notice that there's been a sudden increase in the force of gravity as evidenced by the speed at which the sp is being cut on each buy and sell. Typical...

And something else to look forward to next week

"The Vametco Mineral Resource Estimate will be published next week"

"The positive results and high grades demonstrate the deposit's ability to be a future source of raw material for the Vametco plant and future brownfield processing plants."

I think we might get some earth-shattering news on this front a bit further down the line.. ;-)

No sooner said than done, RNS out!

http://www.miningweekly.com/article/new-signs-of-hope-for-junior-miners-says-minerals-councils-chabana-2019-03-22/rep_id:3650

Excerpt:

"He says junior and emerging miners have felt frustration for a long time at the lack of support for the junior mining sector and their exclusion from mining policy debates.

He further tells Mining Weekly Online that there is also a need for funding in this space, which the Junior and Emerging Miners’ Desk is aiming to assist with through ongoing meetings with the Industrial Development Corporation (IDC) and the Public Investment Corporation (PIC).

The IDC and PIC are considering establishing a fund to help the junior mining sector access funding.

The Junior and Emerging Miners’ Desk, established by the Minerals Council in 2015, provides advice and support, and acts as a resource centre for smaller Minerals Council member companies.

The council is also aiming for full transparency of licensing, developing an understanding of why Australian and Canadian juniors are more successful in raising funds than their South African counterparts and why these countries focus on exploration and preproduction, while South Africa focuses more on operational mines.

Nonetheless, the council also continuously aims to stimulate investment into the sector through tax incentives, venture capital funds and junior miner funds.

According to Minerals Council statistics, the junior mining sector represents about 10% of the total mining industry, and despite the challenging times the industry faces, still invested R55.5-billion in 2018.

Meanwhile, junior miners are expected to become the “new blood” in South African mining."

I like this bit "...full transparency of licensing..." about bloody time! IMO

https://www.fin24.com/Economy/Eskom/signs-are-encouraging-load-shedding-will-be-reduced-eskom-20190322

"Eskom will implement Stage 2 load shedding on Friday, as strain on the national grid improves and “signs are encouraging” that there will be reduced rotational power cuts as available generating capacity improves, according to Eskom spokesperson Andrew Etzinger.

Stage 2 will be implemented between 09:00 and 23:00 on Friday.

This is the first time in almost a week that Eskom will not implement Stage 4 cuts, which removes up to 4 000 MW from the grid."

Ah, ok so the idea's good but we just need IRON to find the money/ partner and get their act together and then it would be viable.

Thanks both.

Btw Oph, I did like the 'you scratch my back, I'll scratch yours' scenario, very neat! :-)

That should have read '...who intend to produce AND SELL, amongst other things, V slag in 2021.'

Ophidian. While you were away I posted an article about Ironveld who intend to produce, amongst other things, V slag in 2021.

In a similar way to Evraz adding V slag from their smelter to the ore from Mapochs to reduce the cost of their V2O5, I speculated that Bushy could become an offtaker for the slag product as IRON is 'just round the corner' from Mokopane. I thought that both the location and also the timing for Mokopane to start production meshed well with the IRON plans.

Can I ask what your thoughts are on this? Thanks

onefcc, agree (from afar) with your opinion of the DA. You've prob seen this already but it's worth posting on here anyway, if only to highlight the huge difference in thinking between the DA and the ANC:

https://ewn.co.za/2019/03/21/city-of-ct-pins-hopes-on-court-to-help-alleviate-load-shedding-pain

https://www.proactiveinvestors.com.au/news/details/216897/australian-vanadium-revises-pfs-financial-metrics-targets-2021-production-216897.html

"The production rate would be 22.5 million pounds V2O5, or 5,650 tonnes of vanadium (MTV)."

However, they have yet to find funding of $360m which will be no easy task. I wish them luck (for purely selfish reasons as the extra V2O5 could expand the VRFB market which could in turn work in BEs favour)

LD great find, and the Minister has just confirmed BBNs speculation on the future for BE:

"Using locally mined vanadium as the basis for local VRFB manufacture would serve both Eskom and other local customers as well as helping the government achieve its goal of developing more local manufacturing and skilled jobs based on the country’s competitive advantages. SA has the world’s largest resource of high-grade primary vanadium (that is, not mined as a by-product), nestled in the world-renowned Bushveld complex in the Limpopo and the North West provinces."

Local mining + local beneficiation = local jobs ;-)

Thanks for the reply BBN, and thanks for helping me see the (much) bigger picture.