Jubilee upbeat after water upgrades in Zambia

Jubilee Metals has finished the upgrade of water infrastructure at its Roan Project in Zambia — which hampered the production levels of the metals processing company — but believes it will not be unleashed.

“The installation of the new dedicated water infrastructure and upgraded power and feed supply infrastructure have been completed successfully with the restart of operations back to nameplate capacity,” the company, valued at R6.32bn on the JSE, said on Monday.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders

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