London — Platinum group metals miner Tharisa is expanding into Zimbabwe with a drilling programme that could deliver results early in 2020 and develop the company’s exposure to battery minerals, its CEO says. Tharisa is established in the Bushveld region of SA, where it is also investing in increasing platinum and chrome output, as it bets on continued consumption, despite expectations of reduced auto-sector demand. A major use for platinum and palladium is in reducing emissions from petrol and diesel vehicles. The platinum industry also has its sights on the need for platinum in hydrogen fuel cells, especially for industrial trucks in remote places. “The world’s parking lots are still dominated by internal combustion engines and will be for some time,” CEO Phoevos Pouroulis said on Wednesday. Tharisa is nevertheless looking to diversify its chrome and platinum group metals portfolio with minerals likely to be in deficit in future. Expansion into the Great Dyke area of Zimbabwe,...
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