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Bushveld Minerals 'still greatly undervalued' - CEO Fortune Mojapelo

Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN), caught up with Proactive's Andrew Scott while in London to update on developments across the business.

This month Bushveld Minerals Ltd’s (LON:BMN) partnership with South African electricity utility Eskom received its first vanadium battery.

US firm UniEnergy Technologies built the unit, which will run on a mixed-acid vanadium electrolyte

Meanwhile Bushveld Vanadium's recently completed the second phase of a three-phase expansion programme at the Vametco Mine which has seen production increase to 3,750 mtV.

Mojapelo says they're also ready to push on with the development of their Imaloto coal power project in Madagascar in the second half of the year.

Quick facts: Bushveld Minerals Ltd

Price: 13.375 GBX

Market: LSE
Market Cap: £154.21 m

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Vanadium flow batteries to 'revolutionise' power industry

Bushveld Energy's Mikhail Nikomarov caught up with Proactive's Andrew Scott to update on developments with their first vanadium redox flow battery (VRFB) deployment in South Africa. The system's being deployed with Eskom, the country's national power utility, at its Research, Testing and...

on 1/3/18

2 min read