Bushveld Minerals (LSE:BMN) Construction In Progress : £14.03 Mil (As of Jun. 2024)

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What is Bushveld Minerals Construction In Progress?

Bushveld Minerals's quarterly construction in progress declined from Jun. 2023 (£13.34 Mil) to Dec. 2023 (£12.91 Mil) but then increased from Dec. 2023 (£12.91 Mil) to Jun. 2024 (£14.03 Mil).

Bushveld Minerals's annual construction in progress declined from Dec. 2021 (£14.40 Mil) to Dec. 2022 (£11.96 Mil) but then increased from Dec. 2022 (£11.96 Mil) to Dec. 2023 (£12.91 Mil).

Bushveld Minerals Construction In Progress Historical Data

The historical data trend for Bushveld Minerals's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bushveld Minerals Construction In Progress Chart

Bushveld Minerals Annual Data

Trend

Feb14

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Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3.68

14.40

11.96

12.91

Bushveld Minerals Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Construction In Progress	Get a 7-Day Free Trial															14.16	11.96	13.34	12.91	14.03

Bushveld Minerals Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Bushveld Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bushveld Minerals Ltd (LSE:BMN) » Definitions » Construction In Progress

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BSHVF:USA 23U:Germany

Address

9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116

Website

https://www.bushveldminerals.com

Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).