Jubilee Metals Group plc (LON:JLP), a diversified leader in metals processing with operations in Africa, has announced an operational and projects update to 31 December 2023. The Group has delivered a robust Q2 operational performance and remains on track to deliver against the production guidance for the 2024 financial year.
Operational highlights
· Q2 FY2024 production figures:
o Chrome concentrate production increased by 13.2% setting a new quarterly production record of 381 114 tonnes, (Q1 FY2024: 336 683 tonnes) benefiting from the Thutse Project reaching full production targets.
o Inyoni’s PGM production was maintained at 10 131 oz in what is traditionally a slower quarter (Q1 FY2024: 10 113 oz), with no third-party production in the period.
