Jubilee Metals Group PLC

Jubilee Metals Group PLC Organogram

Jubilee Metals Group PLC is a global, diversified metals processing and recovery company with a portfolio of projects in South Africa and Zambia. The company’s prime asset in South Africa is the Tjate platinum project located over 3 farms covering 5,140 hectares with a target of 65 million ounces platinum group elements (PGEs) and gold. The group also has a portfolio that includes other countries and other elements and metals such as lead, zinc and vanadium in Zambia. Jubilee’s operations in South Africa, where tailings and ore are treated to produce chrome concentrate, comprise: • Inyoni Operations - A South African-based PGM and chrome beneficiation facility processing both historical and on-going tailings. Inyoni holds a capacity of 1.45 million tonnes of chrome concentrate per annum and 42 thousand ounces of PGMs per annum. • Windsor SA: (Windsor SA (Pty) Ltd) is a wholly owned subsidiary of Jubilee and operator of Windsor 8. • Windsor 8 is South African-based chrome processing plant situated near Mooinooi in the North West province. • Thutse: A chrome processing facility near Pilansberg in the North West province. As of 31 March 2023, Windsor SA and Windsor 8 processed a total of 1.33 million tonnes of feed from eleven different streams resulting in the sale of 690,519 tonnes of chrome and the production of 349,737 tonnes of tailings material with an average grade of 4.1g/t PGM to feed into the Inyoni plant. Jubilee’s operations in Zambia consist of: • Integrated Kabwe Project: Jubilee’s zinc, lead, and vanadium project in Zambia. • Roan or Project Roan: Jubilee’s copper concentrator in Ndola, Zambia. • Sable Refinery: The multi-metal refinery acquired in Zambia, owned by Sable Zinc Kabwe Ltd, a subsidiary of Jubilee Metals Group. Sable Refinery acts as a central metal production facility for third-party material in the region and provides access to a current resource comprising an estimated 6.4 million tonnes of surface waste assets containing zinc, lead, and vanadium pentoxide. As of 30 June 2023, Copper production at the Sable Refinery reached 2,923 tonnes. • The Integrated Southern Copper Project: The project integrates a newly constructed copper concentrator (The Roan Copper Concentrator currently being upgraded) with Jubilee’s Sable refinery. The concentrator and refinery combined offer a processing capacity of 14,000 tonnes of copper per annum from discarded ROM material.