British Jubilee Metals Group PLC announces a new partnership agreement for its PGM and chrome operations in South Africa.
The aim is to expand Jubilee’s operational chrome footprint by a further 360 000 tonnes per annum processing capacity targeting an additional 200 000 tonnes chrome concentrate and 10 000 oz PGM feed to Inyoni, through a new partnership agreement.
The new partnership establishes a long-term relationship directly with a producing mining operation on the western limb of the Bushveld Complex, offering Jubilee greater exposure to the potential earnings of the chrome produced through Jubilee’s renowned efficiencies.
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.