After taking over Glencore’s refinery in Zambia, Jubilee Metals to refurbish ZCCM-IH’s Mopani unit
The British mining company, which initially specialised in chromium and PGMs (Platinum Group Metals) in South Africa, is accelerating its diversification into base metals, particularly copper, in Zambia.
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▪ After taking over Glencore’s refinery in Zambia, Jubilee Metals to refurbish ZCCM-IH’s Mopani unit
▪ The British mining company, which initially specialised in chromium and PGMs (Platinum Group Metals) in South Africa, is accelerating its diversification into base metals, particularly copper, in Zambia.
▪ https://www.africabusinessplus.com/en/808812/after-taking-over-glencores-refinery-in-zambia-jubilee-metals-is-refurbishing-the-mopani-unit-zccm-ih/
Jubilee Metals Group Plc is listed on London’s AIM and reported an operating profit of £40 million in the first half of 2021 and combined revenue of £75.6 million in the period. Two years ago, it injected $12 million into purchasing the Sable zinc and lead refinery (Sable Zinc) at Kabwe in central Zambia from Glencore. The unit has been refurbished with an additional process circuit to refine copper and cobalt. It came on stream at the beginning of this year.
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