Tharisa pilot project aims to raise output
Producer instals furnace to see if processing of its own metals is viable
Tharisa, a chrome and platinum group metals (PGM) producer, will greatly expand output at its South African mine as it looks to add a smelter that can handle all its PGMs and hunt for an acquisition outside of these two minerals to diversify its risk. In an interview after the release of Tharisa’s full-year production data showing record chrome production in a year of sharply higher prices and increased PGM output, CEO Phoevos Pouroulis said the company was targeting chrome concentrate output of 2-million tonnes, up from the 1.4-million tonnes target for 2018, and 200,000oz of PGMs from 150,000oz by 2020. As Tharisa settled its new mine and processing plants near Brits into steady-state production, it was looking to expand its output by taking over mining from a contractor, initiating a number of internal projects and improving recoveries, he said. The board had relaxed its requirement that Tharisa look for assets in commodities used to make stainless steel to now hunting for assets...
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