Jubilee to expand chrome and PGM footprint in South Africa

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.

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

The wide-ranging benefits and applications of Copper

Copper, a reddish-gold metal known for its high thermal and electrical conductivity, has been an essential material for human civilisation for thousands of years. Its benefits and uses are diverse, spanning various industries and everyday applications.

Jubilee Metals Group plc

Jubilee Metals secures two copper mining operations in Zambia

Jubilee Metals has acquired two opencast copper mining operations in Zambia, highlighting its strategic focus on leveraging process capability to secure significant near-surface copper resources already in operation. CEO Leon Coetzer expressed confidence in the company’s

Jubilee Metals Group plc

Jubilee Metals roll-out of integrated copper strategy in Zambia

Jubilee Metals Group plc (LON:JLP), a diversified metals producer with operations in South Africa and Zambia, has announced significant progress in the roll-out of its Integrated Copper Strategy  in Zambia. The upgrade and expansion of Roan (Roan Upgrade)

Jubilee Metals Group plc

Copper prices rise amid supply worries and weak US dollar

Copper prices experienced an uptick on Wednesday, bolstered by supply concerns and a weaker U.S. dollar, though the gains were tempered by apprehensions regarding demand from China, the top consumer. On the London Metal Exchange, three-month

Jubilee Metals Group plc

Copper’s rising demand and investment opportunities

Copper, the world’s third most used metal, has been pivotal throughout history, helping to transition civilisation from the Stone Age. Today, it is a key player in the energy transition. This year, copper prices have surged

Jubilee Metals Group plc

Benefits of Copper for health, technology and the environment

Copper, a reddish-brown metal, has been utilised by humans for thousands of years. From ancient civilisations to modern industries, copper has proven to be an indispensable element. Its unique properties make it valuable across various domains,

Jubilee Metals Group plc

Understanding the current surge in Copper demand

The global demand for copper has seen significant fluctuations in recent years, influenced by various economic, technological, and geopolitical factors. As we move through 2024, several key trends and projections are shaping the outlook for this

Jubilee Metals Group plc

Copper prices reach record highs in London and Shanghai

Copper prices soared to record highs in both London and Shanghai on Monday, driven by property stimulus measures and stronger-than-anticipated industrial output data in China, alongside systematic buying. On the London Metal Exchange, three-month copper rose

Jubilee Metals Group plc

Copper’s crucial role in achieving Net Zero

The increasing demand for copper, driven by its crucial role in renewable energy generation, electric vehicles (EVs), and grid infrastructure essential for achieving net-zero emissions, has pushed copper prices higher, benefiting top companies in the sector.

Jubilee Metals Group plc

Why Copper prices are outperforming gold and silver

Copper prices have outperformed both gold and silver so far this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles. The copper market has reached an “Isaac

Jubilee Metals Group plc

Copper prices surge on Supply Concerns and M&A Speculation

Copper prices moved higher on Monday, driven by dwindling raw material supply and investors’ focus on a potential BHP Group-Anglo American deal that would make the world’s largest copper miner. Three-month copper on the London Metal Exchange CMCU3 advanced 0.5%to $10,018.50 per