Is Bushveld Minerals a good investment?
For the last half decade, Bushveld Minerals can boast revenue growth at a rate of 46% per year. That’s well above most pre-profit companies. Arguably, this is well and truly reflected in the strong share price gain of 54%(per year) over the same period.
Which is the dominant igneous rock type in the Merensky Reef?
Overall, the Merensky Reef is observed to be a lower layer composed of anorthosite or norite with a thin layer of chromitite over top.
What’s happening to Bushveld Minerals?
It’s pretty clear that there is an expectation that Bushveld Minerals’ revenue growth will slow down substantially, with revenues to the end of 2021 expected to display 14% growth on an annualised basis. This is compared to a historical growth rate of 35% over the past five years.
Is Vanadium a good investment?
Although today vanadium is a niche metal mostly used to strengthen steel, it may have potential in the transition to clean energy. According to the Clean Energy Institute, vanadium flow batteries are a promising technology for large-scale energy storage. Learn how you can invest.
What is mined in the Bushveld Igneous Complex?
About 70 percent of the world’s platinum is mined in the Bushveld Igneous Complex in South Africa—a geological formation roughly the same size as West Virginia. The Bushveld also supplies significant quantities of palladium, rhodium, chromium, and vanadium.
What type of rock unit is the Bushveld Complex?
The Bushveld Complex consists of coarse-grained igneous rocks with a wide range of composition from ultramafic to felsic.
What do Bushveld Minerals do?
Bushveld Minerals is a low-cost, vertically integrated primary vanadium producer. It is one of only three operating primary vanadium producers, owning 2 of the world’s 4 operating primary vanadium processing facilities. Our target is to organically grow production to more than 8,400 mtVp.
What is the most expensive mineral found in South Africa?
Platinum deposits are largely concentrated in South Africa, with the country supplying around three-quarters of the world’s demand.
Which province in South Africa has the most minerals?
Northern Cape province contains most of the major deposits of iron ore and manganese, and titanium-bearing sands are common on the eastern seaboard. In addition, the country produces uranium, palladium, nickel, copper, antimony, vanadium, fluorspar, and limestone.
In which province is the Bushveld Complex?
It is a large complex covering a major area of the province formerly known as the Transvaal which has since been divided up and the Bushveld Igneous Complex now occurs in the following Provinces: North West, Gauteng, for the western limb and Limpopo and Mpumalanga for the eastern limb.