Bushveld Energy - Update
BMN Fri, 14 Oct 2016, 09:15am BST
Bushveld Minerals Limited is a low cost, integrated, primary vanadium producer, with ownership of high grade vanadium assets, supplying approximately 3.5% of the global vanadium, which is expected to increase to more than 5% in the near term. The Company's flagship vanadium platform includes a 74% controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project. Bushveld Minerals is focused on developing and promoting the role of vanadium redox flow batteries in the growing global energy storage market through Bushveld Energy, the Company's energy storage developer and component manufacturer.
Industry: Basic Resources
Mikhail Nikomarov, CEO of Bushveld Energy provides an overview of the company which is 84% owned by Bushveld Minerals and launched in January 2016 with a focus on developing and promoting the role of vanadium in the growing global energy storage market through application in Vanadium Redox Flow Batteries.