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Jupiter Mines Ltd focused on continuing to deliver hefty dividends to investors

Priyank Thapliyal, chief executive of Jupiter Mines Limited (ASX:JMS), runs Proactive's Andrew Scott through the company's background including the de-listing and recent re-listing on the ASX.

''In April we listed the company back on the Australian Securities Exchange, we raised about A$240mln, it was a secondary sale, we now have about 60% of free float and I was told this was one of the biggest mining IPOs in the last 10 years on the ASX and perhaps even globally ... it was a phenomenal success ''.

Jupiter has a 50% stake in the Tshipi manganese asset in South Africa and Thapliyal says it continues to be one of the largest and lowest cost manganese exporters globally.

Quick facts: Jupiter Mines Limited

Price: 0.3075 AUD

ASX:JMS
Market: ASX
Market Cap: $602.39 m
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Jupiter Mines declares final dividend after record year of production and...

Jupiter Mines Ltd's (ASX:JMS) Priyank Thapliyal speaks to Proactive London's Andrew Scott following the release of its preliminary results to February 2020. He says in both years since listing in Australia they've seen record production and profitability and that's allowed them to continue...

on 29/4/20

2 min read