Bushveld delivers record production despite loadshedding; electrolyte plant construction on track

Integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals produced a record 3 842 t of vanadium in the 12 months to December 31 and has set its production guidance for this year at between 4 200 t and 4 500 t of vanadium. Although production in 2022 was higher than the 3 592 t produced in 2021, output was slightly below the company’s revised guidance range of 3 900 t to 4 100 t as loadshedding resulted in about 200 t of lost production at Bushveld’s Vanchem processing facility, in Mpumalanga.