London-listed Bushveld Minerals, the largest producer of vanadium in SA, will hit the bottom end of its full-year production target because of a weather-related power disruption at its flagship Vametco operation.
Vanadium is primarily used to toughen steel and to make specialist alloys. It is also used to make large batteries that can be used by power utilities such as Eskom. Bushveld has exposure to all these uses and is aggressively pushing its energy strategy...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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