- Lower vanadium prices and higher operating costs.
- Long-term debt position with Orion.
- Large sums owed to creditors.
- Atmospheric emission license compliance issues.
- Slimes dam collapse risk.
- Community or social unrest.
- Poor governance.
- Legal disputes.
- Regulatory compliance risk.
- SPR transaction conditions fulfilment delays.
Bushveld Minerals Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Bushveld Minerals Limited disclosed greenhouse gas emissions of 147.0K tCO2-eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
147.0K tCO2-eq
2023
Renewable Energy
10% (Vametco mini-grid)
of total energy
Water Usage
3.8K ML
2023
Waste
3.3K Kt
2023
Energy Use
122.2K MWh
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 147.0K tCO2-eq |
| 2022 | 194.5K tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Recorded 18 environmental incidents, a six percent increase compared with 2022. No environmental directives or fines were issued.
- Overall water intensity decreased from an average of 3 m³/ton of ore milled in 2022 to an average of 2.4 m³/ton of ore milled in 2023.
- Total water used decreased by two percent from 3,859 ML in 2022 to 3,765 ML in 2023.
- The Group managed to recycle or reuse a total of 2,505 million litres of water in 2023, equivalent to a total reuse/recycling efficiency of 67%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve operational stability at Vametco and a sustainable monthly production of circa 240 mtV by Q4 2024.
- Reduce GHG emissions (targets to be communicated)
- Reduce water intensity to 2.2 m3/t of crushed ore product at Vametco
📅 Medium-term
- Increase the percentage of vanadium that is reused.
- Increase the amount of water recycled/reused and reduce freshwater consumption.
- Reduce waste to landfill, actively pursue partnerships in communities and strive for zero waste to landfill.
- Develop an approach to biodiversity management and strive for biodiversity gains, or no net loss.
🔭 Long-term
- Net zero emissions by 2050.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance