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Lower chrome prices result in lower interim earnings for Jubilee
Aim- and AltX-listed Jubilee Metals has reported a 51% year-on-year increase in group revenue to $141-million in the six months ended December 31, 2024, mainly owing to higher production of chrome concentrates. Earnings before interest, taxes, depreciation and amortisation, however, decreased by 6.8% year-on-year to $13.6-million owing to softer chrome prices.
Aim- and AltX-listed Jubilee Metals has reported a 51% year-on-year increase in group revenue to $141-million in the six months ended December 31, 2024, mainly owing to higher production of chrome concentrates.
Earnings before interest, taxes, depreciation and amortisation, however, decreased by 6.8% year-on-year to $13.6-million owing to softer chrome prices.
