# Roan ramps up as Jubilee Metals unlocks Zambia’s copper potential

- Link: https://www.directorstalkinterviews.com/roan-ramps-up-as-jubilee-metals-unlocks-zambia-s-copper-potential/4121199106
- Published: 2025-05-29T09:49:00+01:00
- Author: Amilia Stone

Jubilee Metals is entering a defining phase in Zambia, transforming years of groundwork
into concrete results. With its Roan Concentrator achieving breakthrough processing
capabilities and a bold portfolio reshuffle underway, the company is creating a 
streamlined path toward significant copper output and investor returns. This is 
not just progress, it’s momentum, measured in tonnes and strategic decisions.

Jubilee has successfully concluded extensive processing trials at its Roan Concentrator
in Zambia, showcasing the plant’s ability to handle high-grade shallow transitional
copper reefs. These ore bodies were once considered economically unviable by traditional
miners, but Jubilee’s innovative approach has unlocked yields of around 65% from
material grading at least 1.4% copper. This trial phase wasn’t just theoretical—
it resulted in a firm feedstock supply agreement, and copper production has already
begun.

Roan’s ramp-up will see it process between 35,000 and 40,000 tonnes of run-of-mine
material monthly, producing between 240 and 360 tonnes of copper units. Complementing
this is the Munkoyo site, currently supplying 3,500 tonnes per month of ROM ore 
exceeding 2.5% copper to the Sable Refinery. This feed equates to roughly 88 tonnes
of copper units, with targeted increases to 4,500 tonnes (112 units) by June 2025
and a substantial rise to 8,500 tonnes (212 units) by October.

Alongside production gains, Jubilee is actively rebalancing its asset base. It recently
sold non-core surface tailings assets for $12.3 million in a deal structured over
the next 20 months. A separate transaction involving 10 million tonnes of material
from its Large Waste Project has added another $6.75 million in expected proceeds.
These divestments are aimed at focusing capital and operational bandwidth on high-
impact copper projects while maintaining robust cash flow.

Growth is accelerating through Project G, with resource drilling scheduled for June.
Jubilee has secured exclusive rights to two additional shallow mining targets, reinforcing
its expansion blueprint. Plans are in motion for modular processing units with a
combined capacity of 60,000 tonnes per month, designed to yield up to 350 tonnes
of copper units monthly by early 2026. These modular units are tailored for flexibility
and fast deployment, aligning with Jubilee’s nimble, capital-efficient development
model.

The Sable Refinery, central to the group’s copper strategy, is also undergoing a
capacity boost. Its throughput will rise to 14,000 tonnes per annum by the first
quarter of 2026, enabling it to process the anticipated surge in production from
Roan, Munkoyo, and Project G. By mid-2025, Jubilee expects monthly copper output
to reach 288 tonnes, increasing to 400 tonnes by August and potentially 500 to 550
tonnes by October. These targets reflect an integrated supply chain coming online
in synchrony.

_**[Jubilee Metals Group](https://www.directorstalkinterviews.com/company/jubilee-metals-group-plc/jlp.l)
plc** ([LON:JLP](https://www.directorstalkinterviews.com/company/jubilee-metals-group-plc/jlp.l))
is a diversified metal recovery business with a world-class portfolio of projects
in South Africa and Zambia. The Company’s expanding multi-project portfolio across
South Africa and Zambia provides exposure to a broad commodity basket including 
Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt._

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