Strong vanadium market underpins healthy cash flow for Bushveld

A strong vanadium market has ensured that Aim-listed Bushveld Minerals’ Vametco operation, which forms part of Bushveld’s vanadium platform, generated healthy cash flow, despite its operational performance falling below expectations during the fourth quarter ended December 31. Even though the vanadium producer is benefiting from high vanadium prices at the moment, CEO Fortune Mojapelo on Wednesday said the company remained mindful of the imperative to drive Vametco towards operational excellence and realise its true potential.