Metals processing company Jubilee Metals is expected to meet and possibly exceed its full-year guidance for both platinum group metals (PGMs) and chrome following strong production results at its South African and Zambian operations for the third quarter ended March 31.
“Our South African operations continue to deliver a strong performance. This places our South African operations on track to meet and potentially exceed the full-year guidance.
“Our chrome operations once again exceeded its operational targets . . . and are therefore expected to exceed our full-year guidance . . . This confirms the strength of the South African operations’ integrated chrome and PGMs business model,” Jubilee CEO Leon Coetzer said on April 24.
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.
