Diversified metals processing company Jubilee Metals has announced a significant new partnership agreement for its platinum group metal (PGM) and chrome operations in South Africa.
This partnership will expand the company’s operational chrome footprint and enhance its processing capacity.
“This new partnership agreement presents a more integrated long-term relationship with an existing chrome producer that will offer a stronger integration of the processing solution with the source of the material, ensuring a long-term stable production profile.
“Under this new template agreement, Jubilee is offered much greater exposure to the earnings derived from the sale of chrome concentrate,” Jubliee CEO Leon Coetzer says.
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.
