Kabwe Lead, Zinc & Vanadium Project

SNAPSHOT

Commodity

Zinc, lead, vanadium

Location

Kabwe, Zambia

Status

Production set to begin Q3 2019

 

Targeting the recovery of lead, zinc and vanadium from surface assets at Sable Zinc Kabwe Refinery (“Kabwe”) located in Zambia.

  • Access to 6.4 million tonnes (3.2 million JORC compliant) surface material containing an estimated 356,843 tonnes of zinc, 351,386 tonnes of lead and 1.26% equivalent vanadium pentoxide
  • Jubilee holds 91.5% interest in the Kabwe JV with an option to increase to 100% ownership
  • Jubilee has been appointed as the sole operator of the Kabwe project giving it full control of the project execution methodology
  • The acquisition of the Sable Zinc Kabwe refinery fully completed with all contractual conditions precedent met
  • As a result of the completed transaction. Jubilee has commenced the accelerated implementation of the zinc and vanadium at Sable zinc, significantly reducing production lead times
  • The copper refining line at the Sable Zinc Refinery will be brought into full operation during H2 2019
  • Lead circuit to follow the zinc lead and vanadium

Zinc
Vanadium Mining