ABOUT US
INTEGRATED MINES-TO-METALS BUSINESS

Building a leading integrated copper business in Zambia, combining mining, exploration and innovative processing to unlock long-term value.

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ABOUT US
ABOUT US
OPERATIONS
OPERATIONS
ESG
ESG
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ABOUT OUR COMPANY

Metals recovery group unlocking value from overlooked resources

A leading metals recovery group unlocking value from overlooked resources. Founded over 20 years ago and listed on LSE’s AIM:JLP and JSE’s AltX:JBL, Jubilee Metals Group is a diversified and leading metals recovery business with a world-class portfolio of projects in South Africa and Zambia.

Our Strategy

Revolutionising Resources

A leading metals recovery group unlocking value from overlooked resources

MODULAR INGENUITY

Innovative low-capital modular approach for high growth

Turning Waste into Wealth

A wealth of waste deposits provides a significant growth opportunity

Jubilee has a portfolio comprising operations in South Africa and Zambia

Operations

Robust project pipeline delivering results

Our combined operations hold a defined and valuable metal inventory and exposure to a broad commodity basket that includes Copper, Chrome and PGMs.

Copper
- Zambia

Copper
- Zambia

In Zambia, the Company plans to replicate the modular concentrator strategy that has been so successful in the South African chrome and PGM businesses.
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Chrome and PGMs
- South Africa

Chrome and PGMs - South Africa

Jubilee’s distributed Chrome Processing Modular Facilities are targeting a diversified client base offering first and second-tier chrome entities access to world class chrome beneficiation facilities.
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Platinum Group Metals (PGMs) – South Africa

Platinum Group Metals (PGMs) – South Africa

Jubilee is a high-margin platinum producer, delivering exceptional returns. The PGM processing operations are centred on the Inyoni PGM Processing Plant in South Africa
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Financial Overview

Key financial highlights

Group Revenue

US$205.4m
+20.2%
(FY2023: US$170.9m)

GROUP EBITDA

US$27.7m
-7.1%
(FY2023: US$29.8m)

Capital Expenditure

US$39.9m
-65%
(FY2023: US$65.9m)

Cu Revenue

US$18.5m
-8.9
(FY2023: US$20.3M)

Cr Revenue

US$150.2M
+54.8%
(FY2023: US$97.0M)

PGM Revenue

US$36.7
-31.4%
(FY2023: US$53.6M)

Cu EBITDA

US$3.6m
+71.4%
(FY2023: US$2.1M)

Cr EBITDA

US$17.8M
+154.3%
(FY2023: US$7.0M)

PGM EBITDA

US$6.7M
-71.9%
(FY2023: US$28.9M)

Cu Capex

US$17.4m
-53.5%
(FY2023: US$37.6M)

Cr/PGM Capex

US$22.3M
-20.4%
(FY2023: US$28.0M)

Revenue by product (%)

FY2024

PGM
18%
Cu
9%
Cr
73%

Revenue by product (%)

FY2023

PGM
31%
Cu
12%
Cr
57%

Full year results for the period ended 30 June 2024

FINANCIAL HIGHLIGHTS FY2023 (audited)

Profitable with a rapidly increasing earnings profile, delivering against targeted performance, all while bringing new projects on-line.

£44m

invested

£12m

cash & cash equivalents

£300m

total assets

£205m

total equity

103%

liability cover

PRODUCTION HIGHLIGHTS FY2023 (audited)

42 433oz

PGM PRODUCTION
⬆ +2%

1 289 890t

CHROME CONCENTRATE PRODUCTION ⬆ +27%

2 923t

COPPER PRODUCTION ⬆ +29

Full Year 2024 Results Presentation

Financial Reports

Annual results for the financial year ended 30 June 2024

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Interim Results Presentation 2023

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Annual Report for the year ended 30 June 2023

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Unaudited Interim Results for six months to 31st December 2022

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World leading metals
recovery company

UK Office

Waltie van Rensburg

1st Floor 7/8 Kendrick Mews
South Kensington, London
SW7 3HG, United Kingdom

Tel:  +44 (0) 20 7584 2155

wrensburg@jubileemetalsgroup.com

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Copyright © 2024 Jubilee Metals Group PLC | Company No: 04459850

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