Bushveld Minerals, partner to increase output at Vametco Alloys

Aim-listed Bushveld Minerals and its partner Yellow Dragon Holdings have started a multiphased expansion at the newly acquired Vametco Alloys operation, near Brits, on the eastern limb of the Bushveld Complex, to increase production to more than 5 000 t/y of vanadium over the next three years. Bushveld Minerals holds a 45% interest in Bushveld Vametco, which holds a 78.8% interest in Strategic Minerals Corporation, the ultimate holding company of Vametco. Bushveld Minerals is entitled to a 27% share in Vametco’s financials.