Jubilee to increase yearly PGM output by 32% through excess stock partnership
Aim- and AltX-listed Jubilee Metals has signed a partnership agreement with an undisclosed platinum group metal (PGM) producer to process part of the surplus PGM and chrome feedstock generated at Jubilee’s operations in South Africa. The company started a process to find a partner after ending up with surplus surface stock of PGM-bearing material created as a byproduct when it ramped up chrome production.
Aim- and AltX-listed Jubilee Metals has signed a partnership agreement with an undisclosed platinum group metal (PGM) producer to process part of the surplus PGM and chrome feedstock generated at Jubilee’s operations in South Africa.
The company started a process to find a partner after ending up with surplus surface stock of PGM-bearing material created as a byproduct when it ramped up chrome production.
