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Kabwe Multi Metal Processing Project in Zambia

Metal News - Published on Thu, 19 Sep 2019

Image Source: jubileemetalsgroup.com
Jubilee Metals Group Plc the AIM and Altx traded metals processing company provide an update on its Kabwe Project in Zambia. Kabwe, combined with Jubilee’s recently acquired multi-metal Sable Refinery which acts as a central processing facility for third party material in the region, gives access to a current resource comprising of an estimated 6.4 million tonnes of surface waste assets containing 356,843 tonnes of zinc, 351,386 tonnes of lead and 1.26% equivalent vanadium pentoxide. The Project establishes Jubilee’s fully integrated multi-metal recovery and refining operational footprint in Zambia, brings the number of operational projects to five and marks the next stage of the Company’s international roll out and widening commodity exposure.

Highlights:

Copper
The existing copper leaching circuit has been brought on-line to process historical copper tailings as well as third party sourced run of mine material, targeting the first plated copper cathode metal production during early Q4 2019

The ramp-up of the copper circuit remains on track targeting 250 tonnes of plated copper cathode per month during Q1 2020, before stepping up to reach 400 tonnes per month from Q2 2020 resulting in early project cash flows during the construction of the zinc and vanadium refining circuits,

The Project continues to receive keen interests from small to medium mining operations offering third party copper material for further refining, which is in-line with the vision of establishing Sable Refinery as a preferred regional refining hub

Zinc and Vanadium
The zinc and vanadium circuit is primarily constructed for the processing of the Kabwe tailings material, targeting the production of 8,000 tonnes of zinc and 1,500 tonnes of vanadium pent oxide per annum

Completion of the zinc circuit remains on track for Q2 2020 with the vanadium circuit following during Q3 2020

Mr Leon Coetzer Chief Executive Officer said that “We have hit the ground running since acquiring the Sable Refinery and the commencement of operations is a major step towards the implementation of the Project. Kabwe represents an ideal example of where we can implement our bespoke multi-metal recovery processes to generate significant returns on capital investment, in tandem with addressing the environmental challenges caused by the historic tailings in the area. Our work onsite and offsite, which includes funding to establish metallurgical centres of excellence in the country, establishes our operational footprint in Zambia and demonstrates our commitment to local business and the environment. With our experience we can deliver both results quickly. We have rapid development timelines aiming to produce first copper cathode in Q4 2019, with first zinc concentrates and commercial grade vanadium products in Q2 2020 and early Q3 2020. Lead concentrates will follow the completion of the zinc and vanadium circuit with first production targeted for Q4 2020. The Kabwe project is expected to deliver strong operational margins on the back of a multi metal recovery strategy delivered at a single refinery.”

Source :

Posted By : Rabi Wangkhem on Thu, 19 Sep 2019
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