Jubilee Metals Group (LSE:JLP) has released its audited results for the year ended 30 June 2025, outlining continued progress in its copper-led growth strategy in Zambia. The company reported a 65.5% increase in copper output in the first quarter of FY2026, reflecting the momentum generated by its Three-Pillar Strategy.
As part of its portfolio realignment, Jubilee is progressing with the planned disposal of its chrome and PGM operations in South Africa, with completion targeted for December 2025. The transaction is expected to release capital to support further investment in its Zambian copper operations. During the period, the group also completed sales of copper-bearing materials and waste assets, with related revenues set to be recognised in the current financial year.
Strategic investments and partnerships are anticipated to strengthen operational performance and enhance Jubilee’s position within the copper market. While the Zambian strategy offers substantial growth potential and efficiency gains, the outlook is tempered by financial pressures including tighter margins and higher leverage. Recent corporate actions provide strategic support, although technical indicators point to a cautious near-term trading environment.
More about Jubilee Metals Group
Jubilee Metals Group PLC is focused on copper production and processing in Zambia. The company operates an integrated mine-to-metals business, processing third-party copper feedstock alongside surface stockpiles and tailings. Jubilee is transitioning toward a pure-play copper producer, leveraging its Zambian assets to drive long-term growth.
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