UK's Jubilee rises after selecting buyer for waste project in $35 million deal

Jubilee Metals

26/08/2026 08:32

** Shares of diversified metals processing & recovery co Jubilee Metals Group JLP.L up 6% at 2.65p
** JLP says, has selected preferred buyer for co's Large Waste Project (LWP) for $35 mln
** Says deal to proceed through a two-stage due diligence process
** Adds, deal replaces previously announced sale of 10Mt of waste material from the LWP for $6.75 mln 
** As of last close, stock down ~21.3% YTD 
     
     

 (Reporting by Ankita Bora in Bengaluru)
 ((Ankita.Bora@thomsonreuters.com))