Tharisa plans a platinum metals smelter in SA and new Zimbabwe mines
Miner ponders buying a manganese and iron ore company in SA to diversify its commodity footprint
27 May 2021 - 18:34
Chrome and platinum group metals (PGMs) miner Tharisa is set to join a rarefied club as it builds a smelter to produce finished metals and expands into Zimbabwe as well as potentially other minerals in SA.
With an unusually strong interim period behind it in which its earnings before interest, tax, depreciation and amortisation (ebitda) of $124m, or R1.7bn, outstripped full-year ebitda for the previous four years, Tharisa is moving away from its single asset near Brits, North West...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.