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Bushveld Minerals said it was not aware of any corporate developments that could be linked to a recent fall in its share price.
'The company notes the recent falls in the vanadium price but believes the vanadium market remains in a structural deficit that will support higher prices in the medium to long term,' the company said.
Bushveld said it would release a mineral resource and ore reserve update imminently, while annual financial statements were scheduled to be published this month.
At 1:15pm: (LON:BMN) Bushveld Minerals share price was +2.25p at 25.25p