Jubilee Metals highlighted a robust production performance in the second quarter, with a significant surge in chrome concentrate output while copper production faced a decline.
The London-based metal processing company disclosed that Inyoni platinum group metal production remained steady at 10,131 ounces in the three months ending December 31. However, copper output witnessed a 20% decline to 749 tonnes.
Chrome concentrate production exhibited substantial growth, rising by 13% to 381,114 tonnes in Q2, attributed to the successful achievement of full production targets at the Thutse project.
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.
