A new research report evaluating recent trends and growth opportunities projects the global vanadium market size to exceed 100kilotons by the end of 2025, growing at a CAGR of 5%. In anticipation of the metal’s continued rising demand, several projects are underway from vanadium companies including Delrey Metals Corp, Largo Resources, Victory Metals, Bushveld Minerals Limited (LON:BMN), and Prophecy Development.
Bushveld Minerals Limited (LON:BMN), together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production.