Bushveld Minerals History

2019-12

ENEROX

December – An Initial Sale and Purchase Agree- ment was executed for the purchase of 24.9% of the issued share capital of Enerox by a consortium, which includes Bushveld, in line with the strategy for partnering with VRFB companies

2019-11

VANCHEM ACQUISITION

November – Completion of the Vanchem acquisi- tion announced

2019-10

MOKOPANE MINING RIGHT

October – Mining right application submitted in 2015

granted

2019-06

BRITS VANADIUM PROJECT

June – Maiden resource released for the Brits Vanadium Project

2019-05

VANCHEM BUSINESS PURCHASE AGREEMENT

May – Conditional Business Purchase Agreement signed with Duferco for the acquisition of the Van- chem Plant, SAJV Business and Ivanti Shares

2019-05

VAMETCO RESOURCES INCREASING

May – Vametco inferred and indicated mineral re- source and ore reserve updated with reserves dou- bling and indicated resources increasing by 187%

2019-05

FIRST VFRB COMMISSIONING

May – Commissioning of first VFRB

2018-09

VAMETCO

September – 74% ownership in Vametco

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