Jubilee Partners to Process Surplus PGM Feedstock

Jubilee Metal Group

Jubilee Expands Processing Without Capital Investment

Jubilee Metals has partnered with an unnamed producer to process its surplus PGM feedstock. The deal allows Jubilee to start delivering 18,000t/month of chrome and PGM-bearing material, with the option to increase volumes to 30,000t/month.

Jubilee’s chrome production has surged, hitting a record 950,000t of chrome concentrate in the six months to 31 December. This growth stems from new processing units at its Thutse site in South Africa. However, its existing PGM processing capacity has already reached its limits.

Strategic Collaboration Boosts PGM Output

Rather than invest in expanding its own capacity, Jubilee opted for a collaborative strategy. The move is expected to raise its effective production capacity by up to 32%, without additional capital. According to CEO Leon Coetzer, the partnership enables immediate processing of PGM material, with project earnings split evenly between both parties.

The Metalnomist Commentary

Jubilee’s move highlights the pragmatic shift many miners are making — scaling up through partnerships rather than capital-heavy expansions. In an environment where PGM demand remains strong and processing capacity is constrained, strategic alliances may define the next phase of growth in the South African metals sector.