Jubilee Metals Group (LON: JLP) CEO Leon Coetzer joins DirectorsTalk to discuss its latest Kabwe Multi-Metal Processing Project Update. Leon talks us through the highlights, updates us on the progress being made at Windsor PGM and what investors should being keeping an eye out for over the next 6 months.
Jubilee Metals Group Project Timelines
The copper circuit has been brought into operation with the first production of plated copper cathode metal targeted for early Q4 2019. The copper circuit during phase 1 of the project holds the capacity to produce 250 tonnes of plated copper cathode metal per month before increasing capacity during Q2 2020 to 400 tonnes per month. The zinc and vanadium circuit has commenced construction with the first zinc concentrate and commercial grade vanadium products in Q2 & Q3 2020. The zinc and vanadium circuit capacity during phase 2 of the project holds the capacity to produce 8,000 tonnes of zinc and 1,500 tonnes of vanadium pent oxide per annum. The lead circuit will follow once both the zinc and vanadium circuit has reached stable operations and the first lead concentrate is targeted for Q4 2020.