Bushveld Minerals, the vanadium producer, dreams of flow batteries but is dependent on the steel industry

By Julian Singer Bushveld Minerals, a vanadium mining company, reported a revenue of US$43.1 million for the first half of 2020, down from $78m for the first half of 2019, and leading to a loss of $10.3m after a profit of $30.8m in H1 2019. At the same time sales and production of vanadium both [...]

By |2020-11-17T15:15:30+00:00November 17th, 2020|Bushveld Minerals|Comments Off on Bushveld Minerals, the vanadium producer, dreams of flow batteries but is dependent on the steel industry

Bushveld Minerals profits from high vanadium prices and sees a bright future in flow batteries

Bushveld Mineral’s results for the first six months of 2018 make remarkable reading. Revenue was £62million, up from £2.2m for the ten months to the end of 2017, and profits after tax turned a loss of £0.7m into a profit of £21.1m. The reasons for this dramatic change were, first, the decision by Bushveld in [...]

By |2018-12-05T18:53:34+00:00December 5th, 2018|Bushveld Minerals|Comments Off on Bushveld Minerals profits from high vanadium prices and sees a bright future in flow batteries
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