https://www.miningweekly.com
Construction|Power|Maintenance
Construction|Power|Maintenance
construction|power|maintenance

Bushveld maintains full-year production guidance

28th April 2023

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

Aim-listed Bushveld Minerals’ production for the three months ending March 31 was 943 t of vanadium, compared with the 973 t produced in the March 2022 quarter.

The company recorded an increase in sales for the first quarter, at 1 028 t, owing to increased sales out of inventory.

It secured a third-party low-silica feed for Vanchem to support more stable production rates at no additional cost.

Bushveld also completed construction and cold commissioning of the Belco electrolyte plant.

Group production guidance for the full year is maintained at between 4 200 t and 4 500 t.

“We are on track to meet annual group production and cost guidance. Vanchem’s power curtailment solution with the local municipality, announced recently, has so far provided a more reliable feed of electricity contributing to improved operational stability in the months of March and April.

“In addition, securing third-party, low-silica feed for Vanchem will support more stable production going forward. Vametco performed consistently against the comparable period in 2022, albeit there was disruption as a result of high rainfall and work to replace the secondary crusher,” says Bushveld CEO Fortune Mojapelo

“I’m pleased to report our sales volumes increased by 20% in the quarter after we decided to draw down on Vanchem’s inventory from 2022. During this drawdown phase, we undertook a two-week maintenance at the facility,” he adds. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.119 0.153s - 92pq - 2rq
Subscribe Now