JUBILEE METALS GROUP PLC (JLP) — Interim Results Investor Presentation

Investor webinar replay

Replay transcript excerpt

That is Leon Kutz, CEO of JUBILEE METALS GROUP, to present to you our interim results for the period ending December 2023. I'm joined by Neil Reynolds, our CFO, who will be presenting some of the financial numbers in this presentation. It's particularly pleasing to present a set of results that reflects Jubilee's strategy, the value of a strategy that that is agile to respond to market dynamics where the results show the significant growth we experienced in our Chrome division with the expansion of operations and continued expected expansion of those operations while our copper business units in Zambia is starting to show its value with the increase in copper production starting to come through on the back of an investment program in Zambia, showing the value of a diversified metals portfolio that can counter industry trends and markets. Maybe just as a start, if we look at who Jubilee is and who are we as a company, for those who aren't familiar with our group, we are a leading metals recovery group recognized by many in the industry for our expertise to be able to recover metals from materials, reefs, wastes, and other sources that are often overlooked by the industry. As we've said, we have a diversified exposure, our exposure to chrome with this byproduct in the PGMs, the BATMAN Group Metals, and a growing portfolio in copper. We are innovative. If you look at our deployment and the driver behind our chrome growth, it comes in the back of our modular approach where we currently operate eight and targeting to add a further two operating modules in South Africa on our chrome operations that is set to deliver a target of 2,000,000 tons of chrome concentrates, making us one of the largest in the world. Equally, in our Zambia copper industry, on the back of our resour...