Jubilee Metals Scales Integrated Zambia Copper Model as Output Triples
Jubilee Metals (AIM: JLP) is scaling up an integrated mine-to-metals copper model in Zambia, with FY2026 combined output from Roan and Molefe reaching 3,739 t of copper, up 225% year on year. Roan produced 2,823 t of copper in concentrate, including 997 t of oxide concentrate (more than ten times the prior year), while Sable refinery cathode output rose 17.5% to 1,207 t. The group is building a domestic copper supply chain through three pillars: third-party feed processing at Roan, owned mining at Molefe and Project G, and refining at Sable, while its Large Waste project targets about 240 million tonnes of historical tailings. Jubilee is divesting South African chrome and PGM assets to become a pure Zambia copper producer.