Tharisa Plc PT receives Investment Bank Analyst Rating Update
(Reuters) -Miner Tharisa Plc reported a more than two-fold jump in full-year profit on Thursday, driven by strong production and improved prices of platinum group metals and...
(Reuters) - Miner Tharisa Plc (L:THST) reported a nearly 83% plunge in its annual pretax profit on Thursday, as production of platinum group metals and chrome concentrates...
Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in South Africa, China, Singapore, Hong Kong, Australia, Japan, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing. The company’s PGM basket includes platinum, palladium, rhodium, gold, ruthenium, iridium, nickel, and copper. It holds 100% interest in the Tharisa mine, an open pit PGM and chrome mine located on the south-western limb of the Bushveld Complex, South Africa. The company also offers chemical and foundry grade chrome concentrates; and metallurgical grade chrome concentrate for stainless steel and ferrochrome producers, as well as commodity traders. In addition, it is involved the manufacturing of mining equipment. The company was incorporated in 2008 and is based in Paphos, Cyprus.