AT A GLANCE: Bushveld Minerals Q1 sales, output up despite South Africa lockdown

A summary of South African vanadium producer Bushveld Minerals' operational results for the first quarter of 2020.

In brief: Vametco First-quarter production in 2020 was 652 metric tonnes of vanadium (mtV) in the form of Nitrovan - vanadium-carbonitride (VCN) used in micro alloy production - marginally ahead of first-quarter 2019 production of 649 mtV despite the Covid-19 nationwide lockdown and higher than usual rainfall during the quarter. The company achieved sales of 898 mtV in the first-quarter 2020, 77% higher year on year as a result of additional production volumes in the previous quarter in 2019 and increased customer demand. The early completion of the annual maintenance program, which was initially planned for the second quarter of 2020 for 10 days, leaves no further maintenance shutdowns...

Published

Ewa Manthey

May 04, 2020

15:55 GMT

London