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Jubilee Metals to see 'significant step-up in earnings' with Hernic deal

Jubilee Metals Group PLC (LON:JLP) CEO Leon Coetzer speaks to Proactive London's Andrew Scott following an agreement they've reached with Hernic Ferrochrome Pty Ltd to acquire 100% of the rights to earnings from the current and future tailings produced at the Hernic Project in South Africa.

Coetzer says the new deal sees them gain full control of the operations - turning from contracting joint venture partner into owner of all economic rights.

Quick facts: Jubilee Metals Group

Price: 4.44 GBX

AIM:JLP
Market: AIM
Market Cap: £89.58 m
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