Tharisa’s profits dented by drop in chrome price and reduced output
28 November 2019 - 08:40
Chrome and platinum group metals (PGM) miner Tharisa said on Thursday declining production and a drop in chrome prices resulted in operating profit falling by two-thirds in its year to end-September.
Chrome concentrate prices had fallen 12.9% to $162 a ton, said the company, while a pit redesign undertaken throughout the year had also weighed on production...
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