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Integrated Resource Plan Update for 2016

29 Nov 2016 08:44

RNS Number : 4152Q
Bushveld Minerals Limited
29 November 2016
 

29 November 2016

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Integrated Resource Plan Update for 2016

Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with a portfolio of vanadium, titanium, iron ore, tin and coal assets in South Africa and Madagascar, provides an interview with Mikhail Nikomarov, head of Bushveld Energy Limited, a subsidiary of Bushveld Minerals, on the ramifications of the Integrated Resource Plan Update for 2016, released in South Africa on 22 November. Bushveld Energy Limited was launched in January 2016 to focus on developing and promoting the role of vanadium in the growing global energy storage market through application in Vanadium Redox Flow Batteries ("VRFB").  

Please see below the link to the interview:

https://www.brrmedia.co.uk/event/142952/?popup=true

Enquiries: info@bushveldminerals.com

Bushveld Minerals

Fortune Mojapelo / Mikhail Nikomarov

 

 

+27 (0) 11 268 6555

Strand Hanson Limited

Andrew Emmott / Ritchie Balmer

 

+44 (0) 20 7409 3494

 Beaufort Securities Limited

Jon Belliss

 

 

+44 (0) 20 7382 8300

Blytheweigh

Camilla Horsfall

Nick Elwes

Gabriella von Ille

 

+44 (0) 20 7138 3224

+44 (0) 20 7138 3553

+27 (0) 711 121 907

 

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is a diversified AIM listed mineral development company with a portfolio of vanadium, iron ore, tin and coal greenfield assets in Southern Africa and Madagascar. The Company's flagship platform, the vanadium platform, includes the Mokopane Vanadium Project, the Brits Vanadium Project, and the Bushveld Iron Ore & Titanium Project. The tin platform comprises the Mokopane Tin Project whereas the Imaloto Coal Project, which is being developed as one of Madagascar's leading independent power producers, makes up the Company's coal platform.

The Company's vision is to become the largest low cost integrated primary vanadium producer through owned low-cost high-grade assets. This incorporates development and promotion of the role of vanadium in the growing global energy storage market through Bushveld Energy, the Company's energy storage solutions provider. Whilst the demand for vanadium remains largely anchored in a slow growing steel industry, Bushveld Minerals believes there is a strong potential for imminent significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries.

Bushveld Minerals' approach to project development recognises that whilst attractive project economics are imperative, they are insufficient to secure capital to bring them to account. A clear path to production with a visible timeframe, low capex requirements and scalability are important factors in retaining an attractive exit option. This philosophy is core to the Company's strategy in developing projects. Detailed information on the Company and progress to date can be accessed on the website: www.bushveldminerals.com

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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