Bushveld enhances liquidity, implements detailed Covid programme

Vanadium producer Bushveld Minerals, which on Monday provided an operational update on Bushveld Vanadium and Bushveld Energy for the three months to March 31, is implementing a detailed programme in response to the Covid-19 pandemic and drawing down its full R375-million of bank debt facilities to enhance liquidity and financial flexibility. ā€œIā€™m pleased that these difficult circumstances found Bushveld Minerals in a sound state financially, with a set of quality low-cost production assets,ā€ Bushveld CEO Fortune Mojapelo stated in a media release to Mining Weekly.