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Global demand for vanadium growing – Bushveld Minerals

Diversified miner Bushveld Minerals, which is acquiring a vanadium mine in South Africa, is optimistic that global demand for vanadium will continue growing. The company recently partnered with investment company Yellow Dragon to secure $5.2-million to complete the first phase of the $17-million acquisition of Evraz Group’s 78.8% interest in the Vametco mine, in Limpopo, which is held by Evraz subsidiary Strategic Minerals Corporation.