Dual-listed Tharisa PLC (LON:THS) reiterated its 2018 production guidance at a presentation made yesterday and today to media and analysts.
The company said in a stock market statement that its near-term focus will be on continued operational improvements and the commencement of its Vision 2020 projects.
The Vision 2020 projects, two of which – the Apollo chrome and platinum group metals (PGM) and Vulcan fine chrome recovery plants – are subject to feasibility studies, should ensure Tharisa delivers 5.9mln tonnes per annum of run-of-mine ore, 200,000 ounces per annum of PGM and 2.0mln tonnes per annum of chrome concentrates by 2020.
PDF file versions of management's Powerpoint presentations are available on the Tharisa web site.
Shares in Tharisa were up 3.4% at 142.1p in afternoon trading.