Jubilee Metals Boosts Chrome and PGM Production with New Processing Modules

Jubilee Metals

Chrome Concentrate Output Surges on Thutse Expansion

Jubilee Metals significantly increased its chrome concentrate production in the first nine months of its financial year. The company produced 1.13 million tonnes, up 27% year-on-year, driven by new chrome processing modules at its Thutse operations. As a result, Jubilee raised its full-year 2025 chrome guidance by 12% to 1.85 million tonnes.

The Thutse project was executed in partnership with the resource owner and contributed to strong output growth. Meanwhile, the company continues to expand its chrome beneficiation capacity in South Africa.

PGM Output Strengthens with New Partnership Agreement

Jubilee’s PGM production also increased by 3.6% year-on-year, reaching 29,606 ounces.

Its Inyoni PGM plant ran at full capacity, benefiting from improved feed grades and operational stability. The company now expects full-year PGM production to reach 38,000 ounces, up nearly 6% from its previous forecast.

In April, Jubilee announced a strategic partnership to process 18,000 tonnes/month of excess PGM feedstock. This move will help maximize throughput across Jubilee’s chrome and PGM segments.

The Metalnomist Commentary

Jubilee Metals is optimizing its chrome and PGM portfolio through efficient partnerships and processing innovations. Its capacity-driven strategy positions it competitively within South Africa's evolving mineral beneficiation landscape.