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Despite a jump in revenue, HEPS was suppressed by power outages and fluctuating chrome prices
Diversified metals processor Jubilee Metals has reported record output for the first half after completing an expansion of its SA chrome operations in December, but softer chrome prices and Zambian power outages pushed headline earnings lower.
Jubilee, which processes chrome and platinum group metals (PGMs) in SA and copper in Zambia, reported revenue at $141.50m (R2.58bn) for the six months ended December, up by more than a half from the previous comparable period…
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