Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF) (Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF), Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF), Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF)) chief executive Leon Coetzer talks to Proactive London about their 'massive investment into growth' over the last six months.
The firm generated attributable earnings of £29.5mln during the six months to 31 December 2021, as production of platinum group metals, chrome and copper continued at its operations in southern Africa.
During the period, Jubilee recommissioned on-time and in-budget the significantly upgraded and fully integrated new Inyoni PGM processing facility in South Africa.
This £17.5mln investment program enables the new integrated facility to produce up to 44,000 PGM ounces and 615,000 tonnes of additional chrome concentrate per annum, and represents a complete rebuild of the old Hernic chrome plant.