AIM-listed mine-to-metal specialist Jubilee Platinum has concluded a toll processing agreement with Phokothaba, a subsidiary of Platinum Australia, enabling it to process Dilokong Chrome Mine Tailings at Phokothaba's Smokey Hills Mine concentrator in South Africa.
The agreement, allowing the company to process tailings at an existing plant owned by another company rather than building a processor from scratch, will accelerate the processing of tailings by 14 months and save the company around £8m.
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