The Jubilee chrome operations in South Africa play a key role in driving the performance and growth of the PGM operations. Chrome is recovered first from the chrome and PGM-bearing ore before being processed further to recover the PGMs at the Inyoni facility. The high efficiencies achieved by
Jubilee’s chrome operations not only produce better quality and more chrome product, that attracts chrome producers to Jubilee’s operations, but also provides a cleaner PGM-rich feed that is more amenable to the PGM recovery process.
To date, Jubilee has contracted its chrome operational capacity predominantly on a fixed chrome margin contract by tolling various chrome producers’ materials while retaining the majority of the earnings from the PGMs recovered.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.