Jubilee Metals reports strong Q1 FY2024 operational performance

Jubilee Metals released its Q1 FY2024 operational report, showcasing robust performance and a positive outlook for the year.

Operational Highlights:

  • Chrome concentrate production in Q1 FY2024 reached 336,683 tonnes, with expectations of further growth due to additional processing capacity.
  • Inyoni’s PGM production increased to 10,113oz, with the potential for further growth.
  • Copper cathode and copper in concentrate production was 934 tonnes, although a project upgrade may cause disruption until December 2023.
  • Improved safety with reduced Lost Time Frequency Injury Rates (LTFIR) in both South Africa and Zambia.

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.

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