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) | 5.6 0 0.0% | Mkt Cap: 165.6m
- 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 ....