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Tharisa on the lookout for opportunities after excellent year of production

Phoevos Pouroulis, chief executive of Tharisa PLC (LON:THS) tells Proactive they produced 360,500 tonnes of chrome concentrates during the fourth quarter of the financial year, up 8% quarter-on-quarter.

Full year production totalled 1.3mln tonnes of chrome concentrates, an increase of 7% on the corresponding period a year ago.

This production also included 323,000 tonnes of higher margin specialty chrome and 143,600 tonnes of platinum group metals.

Quick facts: Tharisa PLC

Price: 48 GBX

LSE:THS
Market: LSE
Market Cap: £127.97 m
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Tharisa PLC still generating strong cash despite curtailed operational output

Tharisa PLC's (LON:THS) head of investor relations Ilja Graulich talks Proactive London's Andrew Scott through the group's results for the year to the end of September 2019. Tharisa posted sharply lower profits in the period as lower production and weaker chrome prices hit revenues however,...

on 29/11/19

2 min read