Aim- and AltX-listed Jubilee Metals Group has entered into a framework and tailings purchase agreement with a subsidiary of a South African ferrochrome producer, to acquire 100% of the rights to platinum group metals (PGM) earnings from the current and future tailings produced at Jubilee’s Hernic project in the Bushveld Complex, in South Africa. In addition to the current unprocessed 1.70-million tonnes of historical tailings at the Hernic operations and the 630 000 t of previously processed tailings, Jubilee has acquired the rights to a further one-million tonnes of PGM-rich material.
