Jubilee Metals Group plc (LON:JLP), a leading diversified metals processor in Africa, with its expanding copper operations and its substantial contribution to global chrome concentrate production, has published its unaudited interim financial report for the six months ended 31 December 2023 (H1 FY2024).
Highlights
§ Strong operational performance was delivered by the Group with increased production across all operations delivering growth in revenue and earnings
§ Zambian copper operations continue to show strong growth, driven by the investment in the expansion projects with an expected further sharp increase on completion of the upgrade to the Roan copper concentrator (Roan)
§ Copper cathode and copper in concentrate (copper units) production increased by 46.5% to 1 683 tonnes (t) (H1 FY2023: 1 149t)
§ Chrome concentrate production increased by 7.4% to 718 189t (H1 FY2023: 668 809t)
§ Platinum group metals (PGM) production increased by 11.2% to 20 244 ounces (oz) (H1 FY2023: 18 208oz).
