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Forging refined growth in copper

Absa | Corporate and Investment Banking > Insights and Events > Forging refined growth in copper
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By enabling Jubilee Metals Group’s transition to a copper-focused business through M&A advisory, the deal redefines the company’s growth strategy that accelerates future expansion in Africa.

Absa Corporate and Investment Banking acted as the M&A advisor to LSE listed Jubilee Metals Group on the disposal of its South African chrome and PGM operations to One Chrome for USD146 million.

This transaction marks a pivotal step in Jubilee’s evolution, unlocking value from its South African portfolio and accelerating its strategic shift toward copper production in Africa, a commodity central to the global energy transition.

As the M&A advisor, we guided a complex, multi-jurisdictional process, aligning stakeholders across the UK and South Africa to ensure a seamless structure and successful execution. By unlocking significant value from Jubilee’s legacy assets, the outcome has strengthened its balance sheet to accelerate investment into its copper platform, creating a clear, investable narrative for the market.

Contact Craig Brewer

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