Jubilee Metals Group PLC (LON:JLP/Altx: JBL), a diversified metals processing business with operations in Africa, has announced the award of the large Mufulira Slag Project through a Joint Venture collaboration with Mopani Copper Mines.
This binding and exclusive award of The Slag Project aims to process approximately 13 million tonnes of historical slag, estimated to contain 0.7% copper and 0.27% cobalt in addition to the current slag arisings. Under the targeted JV, Jubilee is exclusively appointed to design, implement and operate the new processing facility with the first right to fund the implementation of the project in collaboration with MCM.
