Jubilee announces today it has both acquired a new chrome processing facility in South Africa (Windsor 8) from a private group in South Africa and arranged an offtake agreement that fully fills its existing Windsor Chrome circuits for the next three years. Jubilee will operate Windsor 8 and make circuit changes to maximise recoveries – Jubilee commits to spending £0.44m to upgrade the plant but is entitled to this (plus interest) back before sharing earnings form the JV on a 70:30 basis with it ....

13 Aug 2020
WHI First Light: Jubilee Metals (JLP) - Offtake agreement for chrome and a new processing facility

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WHI First Light: Jubilee Metals (JLP) - Offtake agreement for chrome and a new processing facility
Jubilee Metals Group PLC (JLP:LON) | 3.4 0 (-1.4%) | Mkt Cap: 108.5m
- Published:
13 Aug 2020 -
Author:
Paul Smith -
Pages:
5 -
Jubilee announces today it has both acquired a new chrome processing facility in South Africa (Windsor 8) from a private group in South Africa and arranged an offtake agreement that fully fills its existing Windsor Chrome circuits for the next three years. Jubilee will operate Windsor 8 and make circuit changes to maximise recoveries – Jubilee commits to spending £0.44m to upgrade the plant but is entitled to this (plus interest) back before sharing earnings form the JV on a 70:30 basis with it ....