JUBILEE METALS GROUP PLC - Commissioning of fine chrome operation commences

Commissioning of fine chrome operation commences

Jubilee Metals Group PLC
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or "the Company")


Commissioning of fine chrome operation commences


Highlights
At PlatCro

    •   PlatCro’s pre-classification and dewatering circuit commences production of PGM rich
        material for refining at Northam’s Eland Platinum plant
    •   Production at PlatCro will be ramped up, targeting the production of 60 000 tonnes per month
        of PGM rich material, more than doubling Jubilee’s current PGM processing rate


At DCM

    •   Jubilee’s state of the art DCM fine chrome plant commenced commissioning
    •   The DCM fine chrome plant will be ramped up to 25 000 tonnes per month of additional
        capacity over the next 4 weeks targeting the production of 8 000 tonnes per month of fine
        chrome concentrate


Leon Coetzer, CEO says: “I am extremely pleased at yet another leading performance by the Jubilee
team delivering the PlatCro pre-processing circuit and the DCM fine chrome plant on-time and in
budget. Both projects involve leading edge processes as we continuously strive to deliver industry
leading solutions to the benefit of all our stakeholders.
We have recently announced our acquisition of the PlatCro chrome beneficiation operation which we
intend to integrate with our current PlatCro PGM project, forming a fully integrated operation to further
streamline costs and optimise metal earnings. The addition of the PlatCro pre-processing plant to
produce PGM rich material for further refining at the Eland Platinum plant, is the first of a number of
processing improvements targeted for the integrated PlatCro operation.
I am particularly pleased with the implementation of our industry first DCM fine chrome plant. Our
ability to target the recovery of the fine chrome element of existing mine waste material opens
tremendous opportunities to Jubilee for further growth in the chrome industry. We will target to roll
out this solution at our existing operations at Hernic and PlatCro, as well as the wider chrome industry.”
United Kingdom
18 December 2018

Jubilee Metals Group PLC

Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913


Nominated Adviser
SPARK Advisory Partners Limited
Mark Brady/Andrew Emmott
Tel: +44 (0) 203 368 3555

Broker

Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Tel +44 (0) 20 7 186 9900

JSE Sponsor

Sasfin Capital (a member of the Sasfin group)
Sharon Owens
Tel +27 (0) 11 809 7500

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