RE: LWP15 Feb 2026 12:54
may be they could update us on this one.
i wonder if we would be producing if we had stuck with the original vendor for our other waste dump as they probably ****ed off the company not knowing they were going to buy the 50% in mopani mine.
jubilee metals group plc (aim: jlp/altx: jbl), a diversified metals processing business with operations in africa, is pleased to announce the award of the large mufulira slag project through a joint venture ("jv") collaboration with mopani copper mines ("mcm") ("the slag project").
this binding and exclusive award of the slag project aims to process approximately 13 million tonnes of historical slag, estimated to contain 0.7% copper and 0.27% cobalt in addition to the current slag arisings. under the targeted jv, jubilee is exclusively appointed to design, implement and operate the new processing facility with the first right to fund the implementation of the project in collaboration with mcm.
the jv reflects jubilee's commitment to securing high-value waste resources containing copper and cobalt - metals that are critical to the green transition - and underscores the company's proven track record of the responsible extraction and utilisation of high-value waste resources.
the slag project of 13 million tonnes of historical slag, represents an exciting opportunity for jubilee to extract and process these valuable resources, estimated to contain 89kt of copper and 44kt of cobalt, in addition to current arising slag from the on-going mcm facility in mufulira. the copper grades within the slag are double those of standard tailings, providing an exceptional opportunity to extract maximum value from this significant resource.