Tharisa, a chrome and platinum group metal (PGM) producer, set itself up to meet its full-year production targets after reporting record output of both commodities in its third quarter. Tharisa reported record chrome concentrate output of 376,300 tonnes for the June quarter and 39,500oz of the six metals making up its PGM production, with recoveries of both commodities ahead of target. Tharisa, which is listed in Johannesburg and London, operates a chrome and PGM mine near Brits and has stakes in two exploration projects in both commodities in Zimbabwe. Quarter on quarter, chrome concentrate output increased 2.6% and PGMs 3.4%. Production of specialty chrome concentrate, which is a premium product, increased 25% to a record 95,200 tonnes. “We look forward to delivering on our production guidance for the full financial year and on our growth plans outlined in Vision 2020 in conjunction with the highly prospective projects in Zimbabwe,” Tharisa CEO Phoevos Pouroulis said. He was refer...
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