Row rect Shape Decorative svg added to bottom Forging refined growth in copper Absa | Corporate and Investment Banking > Insights and Events > Forging refined growth in copper SHARE 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 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Powering South Africa’s energy transition through scalable infrastructure solutions Absa Corporate and Investment Banking partnered with Mulilo Energy Holdings on the financing of the 77MW / 308MWh Hartebeesfontein Battery Energy Storage System (BESS) project, acting as Joint Mandated Lead Arranger, Senior Lender, Hedge Provider and Agent Bank. Read more DEALS Empowering sustainable growth, one phase at a time. We successfully supported the syndication of a USD700 million facility for the Ivanplats Phase 2 expansion – one of the country’s largest new mining projects in more than a decade. Read more DEALS Expanding trade finance access across African markets Access to trade finance remains a key enabler of growth across Africa. Read more