Jubilee Metals strong Q2 operational performance, on track to deliver against guidance

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Jubilee Metals Group plc

More articles like this

Jubilee Metals Group plc

Copper rally heats up on tariff fears and China’s stimulus drive

Copper’s explosive rally is capturing investor attention as a wave of geopolitical pressure, economic stimulus, and electrification tailwinds collide. Trump’s renewed trade agenda and China’s aggressive growth strategy are fuelling a price breakout that’s reigniting one

Jubilee Metals Group plc

Copper prices climb to five-month high

China’s plan to boost consumption has lifted copper prices to 5-month highs. Find out how Trump’s tariffs and market challenges impact the metal industry.