Bought: Bushveld Minerals

Bought: Bushveld Minerals

Bought at 11.1p.

I currently don’t own any mining companies. Bushveld seems like a good place to start, and gains me exposure to Vanadium. This is an increasingly important metal with uses in reinforcing steel, and crucially – batteries. Bushveld is in a good place to capitalise on the increasing demand for the metal, owning 2/4 of the world’s largest vanadium processing facilities. Crucially, they are a vertically integrated company, involved in the ‘mining, processing and manufacturing of vanadium based products’.

23 July 2020

 

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