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Strategic initiatives pay off for Tharisa with record production achieved

“The fourth quarter of our financial year delivered the highest production of PGMs and chrome concentrates in the history of the Tharisa Mine,” says CEO Phoevos Pouroulis.

“This performance follows several strategic initiatives to optimise the operation, these have built a sustainable platform for Tharisa to deliver further significant growth over the long life of our open pit operations.

“The continued improved performance over the past twelve months was achieved through the proficiency, commitment and focus of all our staff, who not only delivered our results safely, but did so in the face of COVID-19 uncertainty, which saw thousands of man hours lost during the past 12 months.

“The challenge of the pandemic persists on numerous fronts, yet we remain confident that the measures we have taken in the last two years will continue to allow us to overcome these and future challenges.

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“In Zimbabwe, the exciting developments with Salene Chrome, in the construction phase, as well as the progress on the development of Karo Platinum, will contribute to Tharisa’s growth trajectory over the next two years.

“As we enter the next phase of the development of our business, Tharisa remains a key participant in the global transition to a low carbon economy through the critical metals we produce. Not only will Tharisa contribute to this transition, we will deliver on our stated goals of reaching 30% reduction in emissions by 2030 and carbon neutrality by 2050 through the extraordinary skills and initiatives of our own research and development team as well as the adoption of leading technologies.”

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