A diversified South African metals processing business that has expanded into Africa, on Tuesday announced that it had been awarded a copper slag project that will be executed in joint venture (JV) collaboration with a Southern African mining company.
JSE AltX-listed and London Aim-quoted Jubilee Metals Group will develop the Mufulira slag project through JV collaboration with Mopani Copper Mines of Zambia.
Earmarked for processing are 13-million tonnes of historical slag, estimated to contain 0.7% copper and 0.27% cobalt, in addition to the current slag arisings.
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.
