Jubilee Metals Group PLC · LSE:JLP
Jubilee Metals — FY2023 Earnings Presentation
22 slides from Jubilee Metals's earnings presentation, 2023
Slide 1: Annual Results Presentation for the financial year ended 30 June 2023
ANNUAL RESULTS PRESENTATION for the financial year ended 30 June 2023
Slide 2: Disclaimer
Disclaimer Important Notice: All reasonable care has been taken to ensure that the facts stated in these presentation The distribution of these presentation materials in other jurisdictions may be restricted materials are accurate and that any forecasts, opinions and expectations contained by law, a
Slide 3: Overview
Overview Diversified, Leading Low-Cost Metals Turning waste to value Diversified metals recovery business Producer: Implementing environmentally conscious metal recovery solutions by processing We stand as a dynamic and versatile metals producer with a steadfast commitment to A partner of choice his
Slide 4: Key achievements for FY 2023
Jubilee – Key achievements for FY 2023 Challenging industry norms by breaking through technical barriers • Record production figures across our PGM, chrome and copper operations with 42 433 PGM oz ,1 289 890 chrome concentrate tonnes and 2 923 copper tonnes on the back of a successful investment pro
Slide 5: Jubilee Today
Jubilee Today Diversified, Expanded Operational Footprint Operational Production South Africa 44 000 PGM ounces per annum of annual capacity at 1.3 million tonnes per recently completed Inyoni annum capacity of chrome Facility concentrate 2024 guidance 42 000 PGM 2024 guidance 1.45 million ounces to
Slide 6: The vision of our future
Jubilee – The vision of our future Potential to expand Breakthrough Copper "We stand as a chrome operational footprint to beyond process flow sheet, dynamic and versatile offering rapid modular 2Mt per year of chrome concentrate. . expansion. metals producer with a steadfast commitment to unlocking
Slide 7: Reflecting on FY 2023
Jubilee: Reflecting on FY 2023 Jubilee Metals Group | Overview of FY2023 6
Slide 8: Operational & Financial Performance
Jubilee - Operational & Financial Performance Foundation for Growth 12 months 12 months to to 30 Jun 2023 30 Jun 2022 Unit % Change FY2023 FY2022 Key units of operations PGM ounces – Inyoni oz 33 376 35 318 (5%) – Third-party oz 9 057 6 268 44% Total PGM ounces oz 42 433 41 586 2% Chrome tonnes tonn
Slide 9: Sustained Growth Through Investment
Jubilee Today Sustained Growth Through Investment Group Revenue Cashflow From Operating Activities 160 50 140 40 30 120 20 10 0 100 2019 2020 2021 2022 2023 Cashflow from operating activities (£ m) 80 60 EBITDA 50 40 40 30 20 20 10 0 2019 2020 2021 2022 2023 0 2019 2020 2021 2022 2023 Total Revenue
Slide 10: FY2023 Financial KPI's
Jubilee - FY2023 Financial KPI’s Foundation for Growth GROUP KEY % % 12 months to 12 months to FINANCIAL 12 months to 12 months to change change 30 June 2023 30 June 2022 Unit INDICATORS Unit 30 June 2023 30 June 2022 (1%) 37 443 796 37 643 497 US$ Capital spend £ 47 409 212 30 993 020 53% Cashflow
Slide 11: FY2023 Financial Highlights: Robust Balance Sheet and Liquidity
Jubilee - FY2023 Financial Highlights Robust Balance Sheet and Liquidity A solid balance sheet £44m £12m £300m £205m 103% invested in cash and in total assets total equity liability cover equivalents Diversification and An increase of 2% from Maintaining a strong The Group’s gearing expansion of chr
Slide 12: FY 2023 Sustainability Overview
Jubilee – FY 2023 Sustainability Overview Pursuing Responsible Growth Environmental Performance Our Employees • Total environmental spend £147 730 (US$177 887) • 21 employees promoted • Social responsibility spend £9.2 m (US$11.1 m) • First Graduate-in-Training 14 Candidates all • Created 252 job op
Slide 13: Primed for Growth
Jubilee: Primed for Growth Jubilee Metals Group | Overview of FY2023 12
Slide 14: South Africa
Jubilee – South Africa A foundation for sustained earnings Inyoni PGM Capacity increased to PGM operations delivered 42 433 44 000 oz. Combined chrome oz up 2%, exceeding full year capacity increased to 1 300 000 guidance of 38 000 oz. Chrome tonnes per annum of chrome operations delivered 1 289 890
Slide 15: South Africa: Looking ahead
Jubilee – South Africa Looking ahead Capitalising on ability to extract value from overlooked materials – Long Term Material offtake secured at more attractive commercial terms – offering earnings growth despite softer markets • Strong potential for growth in Chrome earnings, by targeting annualised
Slide 16: Zambia
Jubilee – Zambia A foundation for sustained earnings 14 000 tonnes per annum H1 FY2023 power and water Southern Copper Refining Strategy disruptions resolved with new being brought into operation privately owned water with the integration of the newly infrastructure implemented commissioned Roan Cop
Slide 17: Zambia: Looking ahead
Jubilee – Zambia Looking ahead The upgrade to Roan allows us to target a far broader range of materials • Upgrade of Roan commenced in early September 2023. Commissioning remains on track to commence during Q2 FY2024 • Additional 6-year Copper ROM supply at Roan secured • Securing additional long te
Slide 18: Jubilee's Operational Excellence: Breakthrough Developments
Jubilee’s Operational Excellence: Breakthrough Developments Facts Focus Fairness Jubilee Metals Group | Overview of FY2023 17
Slide 19: The Zambian Opportunity
The Zambian Opportunity Potential to exponentially grow our Northern & Southern strategy Zambia has massive mine waste and tailings Breakthrough Modular Process Solution Jubilee perfectly poised to seize together with a thriving junior mining sector in Developed by Jubilee Technical Services opportu
Slide 20: Jubilee turning waste into value: Proven Track Record
Jubilee turning waste into value Proven Track Record Jubilee Metals Group | Overview of FY2022 19
Slide 21: The Jubilee Team
The Jubilee Team Industry-leading knowledge, skills and expertise Strong track record with years of Senior members of the core Strong mining and metals industry international professional experience leadership team that helped steer expertise, both operational and in leading positions doing business
Slide 22: Thank You. Any questions?
Thank You. Any questions? Jubilee Metals Group | Overview of FY2023 21