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Tharisa PLC on track to hit its 2020 production targets

Tharisa PLC (LON:THS) CEO Phoevos Pouroulis updates Proactive London's Andrew Scott following the release of its fourth quarter and full year production report.

The business upped output in its latest quarter as benefits from a restructuring of its Platinum and chrome mine in South Africa started to come through.

Over the full year, Tharisa produced 139,000oz of platinum (PGMs) and 1.29mt of chrome and has forecast a rise to between 155,000 oz to 165,000oz PGMs and 1.45 Mt to 1.55 Mt of chrome concentrates in the current twelve months.

Quick facts: Tharisa PLC

Price: 76.5 GBX

Market: LSE
Market Cap: £203.96 m

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Tharisa CEO reports on 'knock-out' quarter for productivity

Tharisa PLC's (LON:THS) Phoevos Pouroulis tells Proactive London's Andrew Scott they delivered what he describes as a knock-out quarter in terms of productivity with both May and June achieving consecutive record ROM output levels. ''In a very challenging environment with the pandemic taking...

on 9/7/20

2 min read