Strong vanadium prices boost Bushveld’s H1 Ebitda; production guidance lowered
Aim-listed Bushveld Minerals’ earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six months to June 30 increased by 439% year-on-year to R521-million.
Sales revenue increased by 139% to R1-billion, compared with R439-million in the first half of 2017, primarily owing to higher vanadium prices.