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Bushveld Minerals ( (GB:BMN) ) has provided an update.
Bushveld Minerals has announced a business rescue update involving an extended maintenance shutdown at its Vametco plant, which is expected to last until the end of March 2025. This shutdown aims to enhance plant reliability and operational capacity by addressing critical components for maintenance and sustainable operations. The company is also exploring options to realize value from its remaining assets amidst uncertainty in its South African operations, and has consulted with legal advisors regarding its going concern status.
More about Bushveld Minerals
Bushveld Minerals is a primary vanadium producer and is among the world’s three major vanadium producers. The company provides significant exposure to the vanadium market through its upstream assets.
YTD Price Performance: -85.43%
Average Trading Volume: 5,634,050
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.07M
See more data about BMN stock on TipRanks’ Stock Analysis page.
