Johannesburg and London-listed Jubilee Metals Group, which has a portfolio of assets in South Africa and Zambia, says it achieved a strong operational performance for the first quarter ended September 30, and remains on track to deliver against the production guidance for the full financial year.
Production of chrome concentrate increased to 336 683 t from 344 315 t in the previous quarter.
Chrome production rates are expected to continue to increase with the additional processing capacity provided by an additional chrome processing module, the Thutse processing module, which was completed in August.
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.
