Invitation to interactive Energy Storage webinar

RNS Number : 8450F

Bushveld Minerals Limited

31 October 2018

 

31 October 2018

Bushveld Minerals Limited

("Bushveld" or the "Company")

An invitation to Bushveld Minerals and Bushveld Energy's
interactive webinar Energy Storage 101 on 13 November 2018

Johannesburg, October 31, 2018 - Bushveld Minerals Limited (AIM:BMN), the AIM-listed integrated primary vanadium producer, and its 84 per cent owned energy subsidiary, Bushveld Energy Limited ("Bushveld Energy"), announced today that they will host an Energy Storage 101 interactive webinar for the investment and media community on Tuesday, 13 November 2018 TIME: 12:00 (GMT) / 14:00 (SAST).

Pre-register, access the webinar and submit your questions on  http://webcasting.brrmedia.co.uk/broadcast/5bd2eae5b01efb6b20c2f9eb

Fortune Mojapelo, CEO of Bushveld Minerals, and Mikhail Nikomarov, CEO of Bushveld Energy, will be hosting this interactive webinar which will focus on the fundamentals of energy storage with comprehensive presentations on the following:

•     What is Energy Storage?

•     What types of Energy Storage are there, including stationary, mobile and consumer electronics?

•     What are the applications for stationary Energy Storage?

•     What is the application of Vanadium in Energy storage?

•     What are Vanadium Redox Flow Batteries?

•     How economical are Vanadium Redox Flow Batteries (VRFBs) in the current Vanadium price environment?

•     How real are the substitution risks for VRFBs in Energy Storage from Lithium ion?

•     How real is the Energy Storage opportunity for Vanadium and how large is it?

•     How will Bushveld Minerals and Bushveld Energy accelerate the adoption of Vanadium Redox Flow Batteries?

This interactive webinar will consist of a presentation followed by a Q&A session and is expected to run for approximately 75 minutes. Details for the event are as follows:

Date:  Tuesday, 13 November 2018 Time:  12:00 (GMT) / 14:00 (SAST) Save event to calendar:https://bit.ly/2Pq065Z

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is a low cost, integrated, primary vanadium producer, with ownership of high grade vanadium assets.

The Company's flagship vanadium platform includes a 74 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project.

Bushveld's vision is to become a significant, low cost, integrated primary vanadium producer through owning high grade assets. This incorporates development and promotion of the role of vanadium in the growing global energy storage market through Bushveld Energy, the Company's energy storage solutions provider. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries.

While the Company's focus is on vanadium operations and the development and promotion of VRFBs, it has additional investments in coal, power and tin.

The coal platform comprises the wholly-owned Imaloto Coal Project, which is being developed as one of Madagascar's leading independent power producers. The Company's tin interests are held through its shareholding in AIM listed AfriTin Mining Limited.

The Company's approach to project development recognises that, whilst attractive project economics are imperative, they are insufficient to secure capital to bring them to account. A clear path to production within a visible timeframe, low capital expenditure requirements and scalability are important factors in ensuring a positive return on investment. This philosophy is core to the Company's strategy in developing projects. Detailed information on the Company and progress to date can be accessed on the website www.bushveldminerals.com

About Bushveld Energy Limited

Bushveld Energy Limited is an energy storage developer and component manufacturer focusing on the African market, with registered offices in Mauritius and a wholly owned subsidiary in South Africa. Bushveld Energy recognises that electricity in Africa intersects paramount potential for social transformation with an immense commercial opportunity.

Launched in 2016, Bushveld Energy is focused on developing and promoting the role of vanadium in the growing global energy storage market through application in vanadium redox flow batteries. Its near term strategy is to deploy several VRFB systems as part of its longer term vision to become a significant electricity storage provider in Africa by 2020, meeting the demand for utility scale energy storage in Africa by leveraging South Africa-mined and beneficiated vanadium.

http://www.bushveldenergy.com

 

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