Phoevos Pouroulis

Platinum-group metals and chrome co-producer Tharisa, has been approved to begin trading its shares on the A2X exchange in South Africa.

In its report on the financial year ended 30 September 2018 LSE/JSE-listed Tharisa achieved PGM production of 152.2 koz, up 6.0% year on year.

Tharisa plc, a co-producer of PGM and chrome concentrates, today reported another record quarter. Records were achieved for recoveries and production for both PGMs and chrome.

Tharisa paid an inaugural interim dividend of US$5.2 million, a payout ratio of approximately 18% of group net profit after tax for the six months ended 31 March 2018.

JSE-listed PGM and chrome co-producer Tharisa Minerals will deliver a number of optimisation and growth projects through the implementation of its Vision 2020 strategy which will considerably increase its production.